4613 GRANITE DRIVE
About This Property
Step inside to hardwood floors and a main level with plenty of room for everyday living and entertaining. The kitchen is spacious and bright, with stainless steel appliances, plenty of room to gather, and a sliding glass door that takes you right out to the deck. A separate dining room is ready for holiday dinners and gatherings with family and friends, while the sunroom offers a quiet spot to sit with a cup of coffee, read a book, or simply enjoy the natural light.
The hardwood floors continue upstairs, where you'll find three bedrooms, including a spacious primary suite with a walk-in closet and private bath. Two additional bedrooms and a second full bath offer plenty of room for family, guests, or whatever life brings.
The finished lower level adds even more room to make your own. The main living area can easily become a family room, rec room, or movie space, while a separate hobby room gives you a dedicated place for crafts, projects, or a home office. A full bathroom and separate laundry room complete this level.
Outside, the beautifully maintained yard gives you plenty of ways to enjoy time at home. Start your morning on the front porch, have dinner on the four-year-old deck, or gather with friends on the concrete patio below. A circular driveway and 2-car garage provide plenty of parking and storage.
Located in the Middletown school district, close to local shops, restaurants, and parks, and only about 15 minutes from Downtown Frederick. Easy access to I-70, I-270, and US-15 keeps you connected throughout the area. With no HOA and no town property taxes, you get the benefits of the Middletown location without the added fees.
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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 Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017