404 5TH AVE
About This Property
for owner's use and other spaces close by, ask the agent. Washington Grove is an oasis. Step back in time, where the pace is a little slower and nature surrounds you. With almost 100 acres of parks and forest preserves and a great private swimming lake, Washington Grove is an oasis. There are 3 tennis courts, pickleball courts, a huge field for all kinds of sports and a small dog park. Grassy walkways run in front of many houses. The town offers a wide variety of community events, including Music Weekend, the 4th of July Parade, Summer in the Parks, and a 3-day fall athletic celebration and community spirt abounds. Within walking distance of the MARC train and close to the Shady Grove Metro, I-270, I-370 and the ICC. Hope to see you soon!
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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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About Washington Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,500 /mo
- 4 Beds
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- 2,100 ft²
$3,450 /mo
- 4 Beds
- 2 Baths
- 1,953 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017