6745 Blue Spruce St
About This Property
Upstairs, a versatile loft area provides additional living space for a playroom, media area, or study nook. The oversized primary suite offers room for a sitting area and features a tray ceiling, ceiling fan, and a stunning double-sided fireplace shared with the luxurious primary bathroom. The spa-inspired bath includes a soaking tub, separate shower, dual vanities, and a huge walk-in closet. Three additional bedrooms, a full bathroom, and a dedicated laundry room with utility sink complete the upper level.
The full unfinished basement is ready for future expansion, allowing you to customize additional living space, a home gym, recreation room, or guest suite to fit your needs.
Low HOA dues, fantastic neighbors, abundant storage, and a prime location in one of Frederick's most sought-after neighborhoods make this home an exceptional opportunity. In addition, this home has PAID solar panels. This will lower your monthly utility bill! Class 4 - Hail resistant NEW ROOF coming end of July!!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017