To-be-Built. Set against the stunning backdrop of scenic Middletown
Valley, Heritage Oak Estates is Middletown's premier 12 lot
luxury home community presented by local builder Laine Street
Homes. Heritage Oak Estates offers a rare opportunity to build the
estate home you've always envisioned in one of Frederick County's
most desirable locations. Surrounded by rolling countryside,
breathtaking mountain views, and a strong sense of community,
Middletown combines small-town charm with modern convenience.
Nestled on 4.65 beautiful acres, 3130 Bidle Rd (Lot 1E) is a
gorgeous build-ready homesite that offers a perfect combination of
protected woodlands and rolling pastoral landscape. Advertised is
the ACL3 plan which features over 3,000 finished sqft, 4 bedrooms,
3.5 baths including a main level owner's suite. Additional standard
features include a spacious open concept kitchen with large center
island and high end cabinetry, beautiful 2 story foyer, morning
room, private office, luxurious Owner's suite, Hardie Plank siding
and full stone water table. Photos are of a home that builder
recently finished in Frederick County. Builder has several
different plans and many options to choose from. Contact listing
agent for available plans, site details, and to explore available
homesite options for your future dream home at Heritage Oak
Estates!
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.
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