412 FAIR MEADOWS BOULEVARD
About This Property
Don't miss your chance to own this all-brick, 1,568 sq. ft. rancher on a spacious 0.30-acre lot. The home boasts exceptional curb appeal with a charming covered front porch, welcoming deck, and a beautifully fenced rear yard featuring a maintenance-free vinyl picket fence. The oversized garage (22' x 22') offers plenty of space for parking and storage.
Inside, you'll find 3 bedrooms and 2 full bathrooms, a formal living and dining room, plus a cozy family room with a wood-burning fireplace. The kitchen shines with brand-new cabinets, new countertops, and attractive vinyl plank flooring. This home has been lovingly maintained and is truly move-in ready. The huge unfinished basement provides endless possibilities for future expansion.
Ideally located near Black Rock Golf Course, Meritus Hospital, medical offices, restaurants, and with easy highway access for commuting. You're also just 6 miles from the Hagerstown Premium Outlets-perfect for shopping and entertainment.
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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