2008 CHERRY RD
About This Property
So much to love of this 3 bdr 2 full bath detached home in Harford County! As you enter the home, your are greeted with the warm and cozy living room heated by the included pellet stove which should keep the whole home warm in the winter. The dining area and kitchen work great together in the same space! SS appliances accent this open concept. You have sliders to the trex deck over looking the HUGE fenced in level back yard. Upstairs are the 3 bedrooms with a primary bdr that shares the Jack and Jill full bath in the hall. In the lower level, a huge family room along with a full bath and laundry area. You will appreciate the walk out here as well. Outside, a huge 2 car garage with attic, beautiful above ground pool in nearly new condition along with a huge shed that is all powered up and has it's own a/c! You better hurry for this one!
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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