5247 REELS MILL
About This Property
This charming home sits nestled on a tranquil 0.67-acre lot in a serene area, offering the perfect blend of space and tranquility. Boasting three bedrooms and one full bath, this cozy abode spans approximately 1500 square feet, providing ample room for comfortable living. (Buyer to verify approx 300sq feet of additional square feet on addition not reflected on tax records)
As you explore the property, you'll discover convenient amenities such as a storage shed for all your outdoor equipment and tools. Additionally, a new two-story structure, offers endless possibilities, whether you envision it as a workshop, studio, or extra storage space.
For outdoor gatherings and relaxation, a brick patio awaits, complete with a fire pit where you can gather with friends and family on cool evenings. Nearby, a picnic shelter provides the ideal spot for alfresco dining or enjoying the natural surroundings.
With its peaceful setting, generous living space, and thoughtful amenities, this home offers the perfect retreat for those seeking a tranquil lifestyle amidst nature's beauty.
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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 24, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by Keller Williams Realty Centre | $425,000 | |
| Listed by Keller Williams Realty Centre | |||
| | |||
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*** Offer Deadline set for Monday 5/6 at 12pm**
This charming home sits nestled on a tranquil 0.67-acre lot in a serene area, offering the perfect blend of space and tranquility. Boasting three bedrooms and one full bath, this cozy abode spans approximately 1500 square feet, providing ample room for comfortable living. (Buyer to verify approx 300sq feet of additional square feet on addition not reflected on tax records)
As you explore the property, you'll discover convenient amenities such as a storage shed for all your outdoor equipment and tools. Additionally, a new two-story structure, offers endless possibilities, whether you envision it as a workshop, studio, or extra storage space.
For outdoor gatherings and relaxation, a brick patio awaits, complete with a fire pit where you can gather with friends and family on cool evenings. Nearby, a picnic shelter provides the ideal spot for alfresco dining or enjoying the natural surroundings.
With its peaceful setting, generous living space, and thoughtful amenities, this home offers the perfect retreat for those seeking a tranquil lifestyle amidst nature's beauty.
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| Jan 7, 1998 | Sold | ||
| Sold | |||
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About Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017