2213 INDEPENDENCE ST
About This Property
Entering into the two story foyer, you will notice the beautiful archway that leads into kitchen. Adjacent to the foyer is the formal dining room which has wainscotting trim, pillars, and beautiful chandelier lighting: all which give a classical feel to this room . Opposite to the dining room is the formal living room which has french doors that lead into the family room. There is luxury vinyl plank flooring installed throughout main level and stairs and home has also been professionally painted throughout. Kitchen upgrades include granite countertops, Stainless Steel Appliances, new door fronts on cabinetry (2018) including drawers, and the sliding glass door has also been replaced. Enjoy the convenience of having a spacious laundry room, located on main level, with built in cabinets and counters.
Upstairs, you will appreciate that there are four bedrooms located all on the upper level: all which offer BRAND NEW carpet. The owner's suite offers a walk-in closet and an attached primary bathroom with a soaking tub and stall shower. On the lower level, you will notice a separate "bonus" room which has an adjoining full bathroom which could potentially be used as an office, playroom, or endless possibilities. The L-shaped rec room is very spacious and leads to a workshop/studio area with built-in shelving. Adjacent to the workshop is storage room with additional built-in shelving: perfect for storage bins. The roof was replaced in 2015. For a full list of updates, please inquire with your agent or at open house.
The backyard must be seen to be appreciated! The freshly stained deck, which has a hard top gazebo installed, offers the perfect outdoor entertaining area. The backyard is level and fully fenced in. You will love the amenities Whittier has to offer while loving the location which allows easy access to major commuter routes, restaurants, shopping and historic downtown Frederick. OFFER DEADLINE: Thursday, 5/16 at 4 pm.
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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