2
Map
329 CENTRAL AVENUE
About This Property
Turnkey investment property currently leased through April 2027 at $1,350 per month, offering immediate rental income and strong long-term potential. This 3-bedroom, 1-bath half-duplex features a functional floor plan with a spacious kitchen and formal dining room, along with generously sized living areas throughout.
Additional highlights include forced hot air heating, central air conditioning, a fenced rear yard, and convenient off-street parking. The property also offers ample storage with a full basement and walk-up attic.
Located on the desirable west end of Hagerstown, this home provides easy access to shopping, dining, and commuter routes.
Tenant is in place, and any purchaser must honor the current lease, making this an ideal opportunity for investors seeking stable, income-producing property.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 25, 2026 | Price Decreased |
$164,900
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Samson Properties | $169,900 | |
| Listed by Samson Properties | |||
| May 16, 2014 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About West Hagerstown
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,400 /mo
- 3 Beds
- 1 Bath
- 1,656 ft²
$1,095 /mo
- 2 Beds
- 1 Bath
- 5,250 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017