234 WYNGATE DRIVE
About This Property
Welcome to this beautifully maintained 3-bedroom, 3-bathroom gem in the highly desirable Wyngate community, just minutes from the charm of historic downtown Frederick. This home blends timeless character with thoughtful updates and an unbeatable location!
Step inside to discover refinished hardwood floors throughout, a bright living room with a large bay window and a cozy wood-burning fireplace, and ceiling fans in all bedrooms. The sunroom, bursting with natural light through its wall of windows, also features a gas fireplace, making it the perfect year-round retreat for coffee, reading, or entertaining.
The kitchen boasts stainless steel appliances, and the newly finished basement provides additional living space, including a versatile den that could serve as a 4th bedroom or home office. With three full bathrooms, there's plenty of room for everyone.
Step outside into your fully fenced backyard oasis, complete with low-maintenance flower beds and a 36' x 18' in-ground swimming pool-featuring a new liner for worry-free enjoyment. The home also includes a new tankless hot water heater, new electrical panel, newer windows, and a new roof for extra peace of mind.
All of this with No HOA and a location that's hard to beat-just minutes to Baker Park and only one block from shopping and conveniences. This home was custom built by Ausherman, known for quality craftsmanship and attention to detail.
Location, location, location! Don't miss this rare opportunity to own a meticulously cared-for home in one of Frederick's most sought-after neighborhoods. Schedule your private tour 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017