4209 GARNET DRIVE
About This Property
Inside, spacious rooms offer plenty of room for both everyday living and time spent together. Step outside to the deck and fenced-in backyard, where there's space for everything from playing catch and backyard football to summer cookouts and evenings spent entertaining family and friends.
The unfinished basement adds even more possibilities. Whether you envision a recreation room, home gym, office, additional living space, or simply a place for the kids to play, there's plenty of room to make it your own. With a quiet neighborhood setting, a beautiful fenced-in yard, and room to grow, play, gather, and make memories, this beautiful home is ready to welcome its next owners home.
You'll also enjoy all that the Middletown community has to offer, including Middletown schools, restaurant's, parks and History while living just outside town limits and without Middletown town taxes.
Just 15 minutes from Downtown Frederick, with easy access to I-70, I-270, and Route 15, the location makes getting around Frederick County and beyond convenient
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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