4457 STOVEPIPE LN
About This Property
This gorgeous Lennar, Jamestown home is located in the highly desired community of Landsdale. Offering every upgrade imaginable and then some! Pulling up to this home you are welcomed by the front porch and inviting landscaping. Once through the front door you are wowed by the open floor plan, gorgeous woodwork, light wide plank floors, study, gourmet kitchen with breakfast bar and dining room area, family room with marble surround fireplace, wall organizer/calendar, second office/den area, powder room, and access to the spacious two car garage. Upstairs are four fantastic bedrooms, including the spacious owner's suite and adjoining super bathroom with ENORMOUS walk-in closet. Also upstairs is a thoughtful loft area perfect for a second family room or playroom. The lower level expands the length of the house and offers a sliding glass, wide walk up to the spacious, fenced backyard. All of this in a community that offers a club house, outdoor swimming pools, tennis courts, volley ball court, Amphitheatre, basket courts, zip line, playgrounds, food truck nights, and block parties! Just minutes to 270/70/ and the Montgomery County line. Also, just down the road from everything New Market and Urbana have to offer, and 20 minutes from the amazing Downtown Frederick! Look no further; you are home =)
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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