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6049 SHEPHERD SQUARE #92
About This Property
Upstairs, the thoughtful dual-primary suite design ensures maximum privacy, with each spacious bedroom boasting its own dedicated bath-an ideal setup for roommates or multi-generational living. The finished lower level serves as a cozy retreat, featuring a classic brick-front and a wood-burning fireplace with a mantel. Adding incredible value and long-term peace of mind, the home's HVAC system and appliances were fully replaced in 2024.
Perfectly situated just minutes from Downtown Columbia, the vibrant Merriweather District, Columbia Mall, premier grocery shopping, and Howard Community College, this home offers an incredible lifestyle. Enjoy effortless, hassle-free living with two reserved parking spaces (#230 and #231) and a comprehensive condo fee that covers the roof, siding, gutters, lawn care, and snow removal. A must-see property!
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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%.
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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.
Price History
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/28/2023
|
2 Bed
|
4 Bath
|
1160 ft²
|
$394,000
2 Bed
4 Bath
1160 ft²
|
$370,000
-6.09%
09/26/2023
|
Lisa Soto
RE/MAX One
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017