18989 ABBOTSFORD CIRCLE
About This Property
Hardwood floors run throughout the home. Main level floor plan consists of large entry way, family room, formal living and dining rooms, and a large eat in kitchen featuring newer counters and appliances. Wood stove is the focal point in the family room. A sliding glass door was added to the dining area giving access to the new deck that has stairs to the backyard. A powder room completes the main level.
Upper level features 4 bedrooms and 2 full baths. All bedrooms have ceiling fans and there are two more fans on the main level.
The lower level has two exits to the backyard, a slider to the patio and another door to a storage/workshop area. A radon remediation system is in place and basement refrigerator and freezer convey.
Fox Chapel North is in a great location in Germantown for shopping, dining and recreation. School assignments to Fox Chapel ES, Rocky Hill MS and Clarksburg HS. Quick access to Fox Chapel Neighborhood Park with tennis courts and playground as well as local walking trails.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Germantown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017