16
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218 E 6TH STREET E
About This Property
Inside you'll find a spacious dining room and kitchen, that makes entertaining easy. A first floor bathroom is a must and not easy to find in some downtown homes. The kitchen is updated large and full of culinary fun. The upper level has two generous sized bedrooms and upper level laundry with a barn door. The bath has been updated too. Step outside to your own private backyard. No community sharing here. You can even hand out in your pajamas. Not one but TWO assigned parking spaces and a shed. This makes city living so easy!
Charm, convenience and surrounded by everything you love about downtown Frederick. Home was appraised, the price is right. Downtown living is the vibe. Welcome Home.
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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.
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About Downtown Frederick
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$1,550 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017