Come see this affordable, Chesapeake model duplex located in the
popular 55+ community of Crestwood Village. The open and light
floor plan contains 1225 square feet of living space and is
designed for easy living with its generous sized living room and
dining room, spacious kitchen featuring lots of cabinets and
counterspace and an adjoining breakfast room that would also make a
good computer/office space. The primary bedroom includes two
spacious closets with mirrored doors and a full bath with shower.
The second bedroom also has a roomy closet with mirrored closet
doors. There is a convenient full bathroom with tub in the hallway
and a separate laundry room complete with stacked washer and dryer
plus handy built in shelving. The enclosed sunroom opens to a large
patio ideal for enjoying your morning coffee. The one care attached
garage with opener has extra room for storage and there is a double
parking pad. Move in ready with freshly painted interior and just
steam cleaned carpets. Crestwood Village is an active 55+
community that offers many amenities including: large open space
common areas with walking and jogging paths, lovely community
center that offers daily planned activities and features a library,
game & billiards room, banquet room, fitness room, swimming pool,
mini golf, tennis & pickleball courts, scheduled social events and
so much more. Located just outside the city limits so there are no
city property taxes but conveniently located to shopping, dining,
lovely parks and historic downtown Frederick. Come see for
yourself!
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.
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Maintenance Grounds, Exercise Course, Fitness Center, Party Room, Shuffleboard Court, Tennis Court(s), Community Center, Jog/Walk Path, Library, Pool - Outdoor, Retirement Community
HOA Fee: $203
HOA Fee Frequency: Monthly
Building Info
Overview
General
Year Built:
1984
Effective Year Built:
1984
Bedroom Count:
0
Bathroom Count:
2
Full Bathrooms:
2
Partial Bathrooms:
2
Building Condition:
6
Building Quality:
9
Construction Type:
6
Building Style:
35
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
3
Floor Count:
100
Living Units:
1
Floor Cover:
0
Basement Type:
5
Basement Area:
0
Garage Type:
1
Garage Square Area:
252
Parking Space Count:
1
Patio Type:
0
Porch Type:
7
Pool Type:
0
Dimensions
Lot Size Square Feet:
4,356
Total Building Area:
1,225
Gross Building Area:
1,225
Building Area:
1,225
Building Area Measurement:
T
Heating and Cooling
Air Conditioning:
13
Heating:
4
Heated Square Feet:
1,225
Heating Fuel Type:
0
Utilities
Sewer System:
5
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
CRESTWOOD VILLAGE
Land Acres:
0000000100
Standard Land Use Code:
1002
County Land Use Code:
R-B002
Legal Description 1:
LOT 343-4356.70 SF REALLOTMENT NO 2 CRESTWOOD VILLAGE
Neighborhood
School District Name:
Frederick County Public Schools
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