191 WILD HARE RD
About This Property
What's been done? The exterior was completely re-stained in 2018; the front & back decks were recently painted; a new well pump and all electrical wiring were installed in 2022; a new hot water tank and pressure tank were installed in 2022, and a new condensation pump in 2023.
Our community, Shannondale, is nestled between the Shenandoah River and the Appalachian Trail on the western slope of the Blue Ridge Mountains. Dulles Airport is 47 minutes away, and the Marc Train is a 17-minute ride. Those new to West Virginia will discover the extraordinary beauty of the state with its majestic mountains, rivers, hiking trails, and many country roads to explore.
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What does this mean?
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%.
How much can I actually make?
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017