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22730 RIDGE ROAD
About This Property
With utilities readily available and the lot ready for construction, there is ample room to create a thoughtfully designed home featuring a spacious garage, inviting outdoor living areas, and beautifully landscaped grounds.
Nestled in a peaceful, wooded setting, this property offers the perfect balance of privacy and convenience. Enjoy easy access to Montgomery County's exceptional amenities, including shopping, dining, highly regarded schools, major hospitals, county parks, recreational facilities, and I-270 for effortless commuting.
Whether you're planning your forever home or seeking a valuable investment opportunity, this exceptional homesite provides the ideal foundation for your vision.
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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 Clarksburg
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$3,300 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017