4609 FELDSPAR ROAD
About This Property
This well-cared-for home is move-in ready and located in the sought-after Middletown school district. It features 4 generously sized bedrooms, 2.5 baths, a spacious family room addition, and a fully finished lower level with a rough-in for a future bath-offering room to grow and make it your own.
Step outside to a private backyard with a deck and patio-perfect for relaxing, entertaining, or enjoying quiet evenings. Fresh interior paint adds a clean, welcoming touch, and the flexible layout is ready for your personal updates.
Enjoy the best of both worlds-no HOA, not in the town limits (so no city taxes), yet close enough to enjoy everything Middletown has to offer. With easy access to commuter routes and just minutes from Frederick, this home combines comfort, convenience, and location.
Come and explore the possibilities.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Keller Williams Realty Centre | $449,900 | |
| Listed by Keller Williams Realty Centre | |||
| Aug 14, 2015 | Sold | ||
| Sold | |||
| May 12, 2015 | Listed by Keller Williams Realty Centre | $329,900 | |
| Listed by Keller Williams Realty Centre | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017