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2124 CAISSON ROAD
About This Property
Extensive updates provide peace of mind and modern functionality, including a new roof (2025), luxury vinyl plank flooring throughout the home (2023), newer refrigerator, dishwasher, clothes washer and dryer (less than 3 years old) and HVAC (replaced in 2020 and serviced in 2026). Additional improvements include updated lighting, under-cabinet kitchen lighting, new fixtures and fresh paint throughout. The unfinished basement offers excellent potential with a rough-in for future finishing and egress access. There is plenty of finished living space on the upper two levels and room to grow and create a custom space in the basement- it's the best of both worlds. With a versatile floor plan, main-level bedroom, extensive updates, unfinished basement potential and convenient Frederick location, this home is ready to welcome its next owners!
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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%.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017