4514 CHERRY LANE
About This Property
Absolutely Stunning Rambler with Breathtaking Views in Jefferson!
Welcome to 4514 Cherry Lane a beautifully updated 4-bedroom, 3.5 bath rambler nestled on nearly an acre in the heart of scenic Jefferson, MD. Surrounded by rolling hills and mountain views, this move-in ready home offers the perfect blend of modern upgrades, flexible living space, and peaceful outdoor living.
The main level features two spacious bedrooms and two fully renovated baths, gleaming hardwood floors, and a custom kitchen (2022) with updated appliances. Enjoy multiple living areas including a cozy living room, formal dining space, and a large family room with a gas burning fireplace perfect for gathering. Step out onto the expansive 1,000 sq ft deck (2022) and take in panoramic views of the surrounding countryside.
Downstairs, the fully finished walkout basement adds two more bedrooms, a full bath (remodeled in 2024), and a spacious rec room ideal for guests, multi-generational living, or a private retreat. Outside, you'll love the 1,100 sq ft patio (2023), newly constructed retaining wall (2022), and a widened and refinished driveway (2022) that enhances curb appeal and functionality.
Recent upgrades include:
New 50-year architectural roof (2021)
Water softener system (2021)
All new windows (2022)
Fresh interior paint throughout (2023)
New hot water heater (2023)
Remodeled bathrooms (2024)
Ideally located just minutes from commuter routes, historic downtown Frederick this home offers country serenity with easy access to modern conveniences.
Don't miss your chance to own a beautifully maintained home in one of Frederick County's most picturesque communities!
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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