214 BROOKSIDE DRIVE
About This Property
Located just steps from Rollingwood Park and minutes away from the Rollingwood Pool (with an additional membership), Westchester Elementary, the Trolley Trail, and Patapsco State Park. Enjoy shopping and dining at the locally owned establishments along Catonsville's Frederick Road, or enjoy the restaurants, boutiques, and antiques of Old Ellicott City.
Commuting is a breeze in this great location, with easy access to Routes 40 and 29, Frederick Road, I-95, and I-695, as well as proximity to I-70.
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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