401 SALK CIRCLE
About This Property
THIS FABULOUS HOME IS JUST ONE YEAR OLD -BARELY LIVED IN AND SUPERIOR TO NEW. BEAUTIFUL APPOINTMENTS, BATHROOMS, KITCHEN, WINDOW TREATMENTS; AND GARAGE UPGRADES. YOU WILL FIND A TOTAL OF 5 BEDROOMS, 5 FULL BATHS AND 1 POWDER ROOM. OH YES AND AN ELEVATOR. CHECK OUT THE VIRTUAL TOUR-CLICK THE MINI CAMERA AND YOU WILL SEE THE LABELED PHOTOS.
DON'T WAIT ON THIS HOUSE - IT IS A WINNER AND WON'T LAST LONG.
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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.
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017