455 THAMES STREET
About This Property
Step inside to find warm, rich flooring that leads into a bright and open living area. Vaulted ceilings and a stunning brick double-sided fireplace create a cozy yet airy space that flows easily into the dining area and kitchen. The kitchen is designed for everyday living and entertaining alike, complete with granite countertops, stainless steel appliances, a central island, and plenty of cabinetry.
The primary suite offers a peaceful retreat with a custom walk-in closet and a beautifully updated en-suite bath featuring a sleek glass shower with a multi-head tower system - a true spa-like experience. Two additional main-level bedrooms and a second full bath provide flexibility for guests, family, or home office space. Main-level laundry adds convenience.
Need room to spread out? The fully finished walk-out lower level includes a fourth bedroom, a private office, a full bathroom, and two bonus rooms that can easily serve as a home gym, media room, playroom, or craft space.
Enjoy outdoor living on the composite deck overlooking the fenced backyard-ideal for relaxing or entertaining. The home also includes a 2-car garage with opener, leased solar panels, a water softener system, and a newer HVAC system (2019).
Located just minutes from I-70, I-81, Route 40, shopping, dining, Meritus Hospital and medical services.
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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.
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About Hagerstown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017