4 GLENVIEW TERRACE
About This Property
Currently configured with two comfortable bedrooms and one bright and freshly-tiled full bathroom, this home also offers a large bonus room with brand new carpets and updated electric fireplace. Walk-out sliding doors from the bonus room take you to the cozy back yard that could easily become a private patio. The brand-new heating and cooling system ensures year-round comfort and energy efficiency. Additionally, first floor laundry hook-ups make single floor living a breeze.
This home provides easy access to Interstate 68 for easy and travel and commuting. The LaVale area boasts an array of conveniences, including Martins, ALDI, and Walmart for your grocery needs, as well as other amenities including Lowe's, CVS, Sheetz, and the LaVale Library just minutes away. Historic downtown Cumberland has just reopened from multimillion dollar restoration project, featuring a growing shopping area with boutiques and antique shops, as well as eateries, bakeries and local coffee shops!
Western Maryland is also well known for its outdoor recreation, featuring two fantastic hiking and biking trails- the Great Allegheny Passage and the C&O Towpath- taking you anywhere from Washington, D.C. to Pittsburgh and many stops in between.
Whether you're a first-time homebuyer or looking to downsize, this property offers the perfect blend of comfort, convenience, and potential for personalization.
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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