5153 REELS MILL RD
About This Property
Additional upgraded features include a first floor office area; custom kitchen with stand up side by side
refrigerator and freezer and upgraded counter tops; vaulted ceilings in the family room and first floor flex room with full bath. The upper level offers 3 additional bedrooms, 2 full baths and
laundry. The primary suite has a large walk-thru closet leading to a primary bath with a large custom shower. The partially finished basement offers a great flex space as well as the potential for another bedroom and full bathroom. All of this perfection is only minutes from major commuter routes and downtown Frederick. Hurry, this one will not last long!
All Showings are by appointment only. Please contact alternate agent Dana Angleberger to schedule a showing.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | In contract | - | |
| In contract | |||
| Aug 23, 2023 | Listed by Charis Realty Group | $975,000 | |
| Listed by Charis Realty Group | |||
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Charis Realty Group | $825,000 | |
| Listed by Charis Realty Group | |||
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About Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017