19985 WILD CHERRY LANE
About This Property
Recent updates include a newer roof, vinyl siding, new carpet and flooring throughout, renovated bathrooms, refreshed deck, and an attractive new stone entry walkway. The unfinished basement provides excellent storage or future living space potential. The deep driveway offers ample off-street parking.
Germantown offers the perfect blend of suburban comfort, natural beauty, and everyday convenience, known for its thoughtfully planned communities, abundant parks, and excellent commuter access. Residents enjoy miles of trails and scenic outdoor spaces, including the popular Black Hill Regional Park and Seneca Creek State Park, ideal for boating, hiking, and weekend recreation. The area also features diverse shopping and dining options at Milestone Shopping Center and Germantown Town Center. For commuters, Germantown provides easy access to I-270 and MARC train service, connecting residents to major employment hubs throughout the region.
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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.
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About Germantown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017