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24804 FREDERICK ROAD
About This Property
The fully finished lower level offers a spacious recreation room, an additional bedroom, and a full bath-perfect for guests, extended living, or flexible use.
Recent major system upgrades provide peace of mind, including a newer well (installed and fully permitted through the county in 2022) and an updated septic system with tank and drain field. This beautifully maintained and thoughtfully renovated rambler showcases high-end finishes and modern updates throughout.
Enjoy the outdoors in the generous backyard, ideal for gatherings, relaxing evenings, and entertaining. With numerous updates from top to bottom and clear pride of ownership, this home is ready for its next chapter.
Schedule your showing today, you won't want to miss this opportunity!
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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 Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017