5506 JEFFERSON PIKE
About This Property
This charming, renovated farmhouse blends classic details with thoughtful updates throughout. The home features durable vinyl siding and custom tilt-and-clean windows, a high-end gourmet kitchen, updated systems, recessed lights, updated gutter and down spouts, high end bathrooms, central air conditioning added in 1997 and new unit in 2013.
Original wood trim and classic wainscoting preserve the farmhouse's historic charm, while the landscaped gardens and flagstone walkway create inviting curb appeal. Enjoy seasonal mountain views, and take advantage of the full walk-up attic, which offers excellent potential for an additional bedroom or living space.
Mortgage savings may be available for buyers of this listing.
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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%.
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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