2085 HARNEY ROAD
About This Property
Enjoy a peaceful rural setting just 11 miles from Gettysburg and minutes to the Maryland line-ideal for commuters or those seeking a quiet retreat with accessibility. The property includes a 24x20 detached garage plus an impressive 1,000+ sq. ft. detached masonry building, perfect for storage, workshop space, or hobby use.
A substantial allowance is provided for completion of the second-floor bathroom, offering an excellent opportunity to add value and personalize the space. A rare find combining charm, function, and potential!
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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