206 Grant St
About This Property
In the basement there are two bedrooms with large closets that share an updated bathroom. Basement has tons of storage and large egress windows which let in plenty of light. Home has leased solar panels that are south facing, water heater (2021), furnace (2018), low flow toilets (2018), fence (2021)
This wonderful home is walking distance to the newly revitalized downtown Frederick, schools, recreation center, and walking trails! Come check out this great home and take a tour of Downtown Frederick afterwards! You won't be disappointed!
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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