245 Tipple Pkwy
About This Property
all Downtown Business. Previously Manufactured Home on Property. Includes Incredible Value of One Water Tap Through Town of
Frederick with Sewer and Utilities (Gas, Electricity) included. Great Value and Opportunity Awaits to Build a New Home at this location.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2024 | No longer available | - | |
| No longer available | |||
| Apr 27, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed | $484,990 | |
| Listed | |||
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To Be Built New Construction:Step into the epitome of contemporary living with this chic and efficient two-bedroom abode, where the boundaries between indoor and outdoor living blur effortlessly. Bask in the flood of natural light pouring through expansive windows, adding an airy touch to the open living areas.Designed for versatility, each bedroom offers a perfect balance of comfort and functionality, ensuring every corner of this home is a sanctuary of relaxation. The well-appointed kitchen beckons culinary adventures, while the spacious bathroom boasts a luxurious walk-in shower for a touch of indulgence. A separate mudroom adds convenience and organization to daily routines, completing the modern retreat with finesse.Elevating the cool factor, this residence boasts a unique garage-style kitchen pass-through window leading to an outdoor bar top, perfect for entertaining guests. The shed-style roof enhances the aesthetic appeal of the large windows and doors, adding a sleek and modern flair to the exterior, ensuring that every aspect of this home is a statement of modern elegance. This plan represents one of several styles available and can be expanded to include 2-3 bedrooms, 2 bathrooms or an attached garage (prices will vary).
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| Oct 10, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017