5261 BLACKGUM DR
About This Property
Outside, enjoy a covered front porch, stone accents, built-in fire pit, approx. 2,200 sqft of outdoor living area, and a fenced yard. Entertain in style with a stunning 32x16 Gunite pool featuring a quartz aggregate finish and depths ranging from 3ft to 7ft. Relax on the additional 12x7 tanning ledge in the shallow end or the swim-out love seat in the deep end. The raised pool wall with a flagstone finish adds elegance, while a sheer descent waterfall in the deep end and two bubblers on the tanning ledge create a serene atmosphere. Add ambiance with the color changing LED lighting. The Raypak pool heater, paired with a new and upgraded gas meter, ensures rapid and on-demand heating. The pool is very low maintenance thanks to the Jandy DE filter and pool pump, saltwater chlorination system, TotalBalance pH Control system, and Sutro pool monitor.
This fantastic home offers easy access to commuter routes and all the amenities Frederick has to offer!
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Long & Foster Real Estate, Inc. | $850,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 8, 2018 | No longer available | - | |
| No longer available | |||
| Aug 21, 2018 | Listed | $500,000 | |
| Listed | |||
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THIS 5 BEDROOM 3 BATH FORMER MODEL HOME IN BALLENGER RUN WITH MANY UPGRADES BOASTS HARDWOODS, GRANITE, STAINLESS, 2 CAR GARAGE, GAS FIREPLACE IN FAMILY ROOM, OWNER'S BATH WITH SOAKING TUB & SHOWER GLASS SURROUND, DOUBLE VANITY IN BATH, A FULLY FINISHED BASEMENT AND MUCH MUCH MORE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017