404 MAIN ST
About This Property
Spacious open floor plan rancher located in Downtown Stevensville, home features 3 comfortable size bedrooms, 2 full baths (primary bedroom with full bath and lots of closet space), kitchen with island,/breakfast bar, dining area leading to back deck, large living room with tons of natural light and hardwood floors, separate laundry room, lots of storage space and attached garage.. Moving outside there's an inviting front porch, in-ground pool, fenced back yard - perfect spot for summertime BBQ's and entertaining. Conveniently located to shopping, cafes/restaurants, commuter routes. And just a hop, skip and jump to water sports & the Kent Island Off-Road Trail....*Virtual staging applied to some rooms
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Clark & Co Realty, LLC | $425,000 | |
| Listed by Clark & Co Realty, LLC | |||
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About Stevensville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017