401 GERONIMO CT
About This Property
This beautifully maintained home is ideally located close to everything you need! Fresh carpet and paint throughout the entire home. Three nice sized bedrooms with ceiling fans and 2 full bathrooms on one level! Huge eat-in kitchen with large island and plenty of table space! Kitchen also leads to an amazing all season bonus room. Beautiful views of the backyard and access to the desk as well! The home offers an unfinished basement, a blank canvas ready for your personal touches and custom design! Recent updates include a new Amana dishwasher and microwave/exhaust fan installed in September 2024, as well as fresh carpet and neutral paint throughout the entire house. A new roof was installed by Topper Roofing in April 2019, and the driveway was completely redone by E & Son's Paving in July 2019. Plus, you'll enjoy year-round comfort with a Bryant air conditioner and furnace, both installed in October 2017, and a Rheem hot water heater from 2016. With convenient access to major highways like I-70, I-270, and Route 15, this home offers an ideal location for commuters and those looking to enjoy the best of Frederick. Enjoy easy access to great shopping, restaurants, major commuter routes, and just a short walk to Monocacy Village Park. Downtown Frederick, with its vibrant atmosphere of parks, shops, and eateries, is only minutes away.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017