23 HAMMAKER STREET
About This Property
The thoughtfully designed kitchen offers modern appliances, generous counter space, and a functional layout that makes meal preparation a breeze. An attached garage provides convenient parking along with additional storage space.
Step outside to your private backyard retreat featuring a fully fenced yard with recent landscaping, a spacious patio, and a cozy firepit. Whether you're enjoying your morning coffee, hosting summer barbecues, or unwinding under the stars, this outdoor space is designed to be enjoyed year-round.
Perfectly suited for easy one-level living, this home is conveniently located just minutes from everything Thurmont has to offer. Spend weekends exploring Cunningham Falls State Park, Catoctin Mountain Park, and the Catoctin Wildlife Preserve, or enjoy the unique shops, restaurants, and seasonal events in historic downtown Thurmont, including the area's beloved Colorfest.
The home has been thoughtfully updated with numerous recent improvements, including attic and garage insulation, a new hot water heater (2023), heat pump HVAC system (approximately 2020), roof (2016), dryer (2024), and beautifully enhanced landscaping complete with a patio and firepit.
With its desirable updates, inviting outdoor living space, and affordable single-level layout, this home is ready for its next owner. Schedule your private showing today!
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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