3219 MIDDLE RIDGE WAY
About This Property
Inside, you'll find a well-designed layout. The gourmet kitchen is a true showstopper with granite countertops, a cooktop, a built-in wall oven, a microwave combo, and a full stainless steel appliance package, making it a chef's dream. From the kitchen, step into the oversized morning room, where you can relax, entertain, or enjoy the stunning views of your expansive backyard all year round.
With updated bathrooms throughout, this home offers a fresh, modern feel while keeping its cozy, traditional layout. The large lot provides endless possibilities for outdoor activities, gardening, or simply unwinding in your private space.
Conveniently located near award-winning wineries, scenic parks, and outdoor adventures, this Middletown gem offers the best of both worlds: the quiet countryside feel with easy access to everything you need. Don't miss your chance to own a slice of paradise in one of Maryland's most desirable zip codes! Schedule a showing today before this opportunity slips away!
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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