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629 WILSON PLACE
About This Property
Warm, inviting, and full of character, the main level features a stunning new kitchen with white cabinetry, and accented dark center island, granite countertops, stainless steel appliances, electric cooking, and a spacious walk-in pantry. The main level also offers a flexible living/family room, a separate dining room, a convenient laundry room with washer and dryer, and a stylish half bath.
Upstairs, you'll find three generously sized primary suites, each with its own private full bathroom-along with walk-in closet space, providing both comfort and privacy for all. The finished basement adds versatile living space perfect for a game room, home office, exercise, or additional lounge area, plus a separate utility room with excellent storage.
Outside, enjoy a covered rear porch overlooking the expansive 0.83-acre lot-an incredible find in Downtown Frederick-offering endless possibilities for gardening and entertaining. Additional exterior features include a newly paved expansive driveway, brand new 1 car detached garage with electric, and a sprawling front porch.
Ideally located near major commuter routes, this one-of-a-kind home combines historic charm, modern upgrades, and rare outdoor space-making it a must-see!
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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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017