575 CECIL AVE
About This Property
Step inside to discover new LVP flooring that seamlessly flows through the entire home. The expansive family room, with its massive wood-burning fireplace, is perfect for cozy evenings and gatherings. The kitchen is a chef's dream, boasting new stainless steel appliances, elegant white granite countertops, and ample storage space. The home features 4 spacious bedrooms and a beautifully updated full bathroom. 2 bedrooms are conveniently located on the main floor, while the remaining 2 are upstairs, providing flexibility and privacy.
The property sits on over a quarter acre of land, offering ample outdoor space, including a small fenced-in area perfect for pets. Parking is a breeze with two driveways accommodating up to 10 cars. The 1,400 sq. ft. detached garage provides endless possibilities for use as a workshop or additional storage.
Conveniently located, this home is just a 5-minute commute to Harford County, a 2-minute drive to Route 40, and only 10 minutes from I-95. The local elementary school is within walking distance, and there are great restaurants nearby for you to enjoy. Don't miss this opportunity to own a stunning, move-in-ready home in a fantastic location. Schedule your tour today and fall in love with 575 Cecil Ave!
P.S. Seller has committed to installing french drain prior to closing!
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Price Decreased |
$324,500
↓ $10K
(3%) | |
| Price Decreased | |||
| Jul 12, 2024 | Price Decreased |
$334,500
↓ $10K
(3%) | |
| Price Decreased | |||
| Jun 14, 2024 | Listed by Cummings & Co. Realtors | $344,900 | |
| Listed by Cummings & Co. Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017