345 6th St
About This Property
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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 10, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by RE/MAX Elevate | $595,000 | |
| Listed by RE/MAX Elevate | |||
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Step into this charming home on a large 12,500 square foot lot in Downtown Frederick. As you enter from the front porch, the main level welcomes you with a spacious living room anchored by a wood-burning fireplace and an updated kitchen featuring beautiful hardwood floors. With two bedrooms and a 3/4 bathroom on this level, comfort is assured. Outside, a deck in the backyard provides ample space for outdoor dining and relaxation. Descend into the finished basement to find additional living space, perfect for a cozy den or entertainment area, complemented by a full bath. The second-story loft offers a charming 3rd bedroom retreat with plenty of storage space and a 1/2 bath. A four-car detached garage provides not just parking but endless possibilities for hobbies and storage. Situated on a spacious 12,500 sqft lot and a short distance from Downtown Frederick's bustling restaurant scene, Centennial Park, and Thunder Valley K-8 School.
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| Jun 29, 2012 | Sold | ||
| Sold | |||
| Apr 27, 2012 | Listed | $204,500 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017