6806 FALSTONE DRIVE
About This Property
Rich hardwood floors flow throughout much of the main level, creating a warm and inviting atmosphere. The dining room is highlighted by a charming brick-profile fireplace, making it an ideal setting for both everyday meals and special gatherings. The recently updated kitchen is well-appointed with granite countertops, sleek stainless steel appliances, a decorative backsplash, under-cabinet lighting, ample cabinetry, and a casual dining area with direct access to the screened porch. Just off the kitchen, an impressive family room addition offers soaring ceilings, abundant natural light, a second fireplace flanked by custom built-in shelving, a dry bar, and access to the screened porch, creating a wonderful space for entertaining and relaxing year-round.
The primary suite provides a comfortable retreat with a private en-suite bath, while two additional bedrooms and a full hall bath accommodate family and guests. A convenient powder room and direct access to the attached garage complete the main level. The fully finished walkout lower level expands the home's versatility with a spacious recreation room, a bonus room ideal for guest quarters, a home office, or fitness area, an additional bath, and abundant storage space.
Outdoor living is equally inviting with a large screened porch overlooking the private backyard, offering the perfect place to enjoy morning coffee, outdoor dining, or peaceful evenings surrounded by nature.
Beyond the home, Clover Hill residents enjoy access to exceptional community amenities, including a private 13-acre park, clubhouse, community pool, walking trails, baseball and softball fields, basketball courts, playgrounds, and picnic areas. Conveniently located near downtown Frederick, Frederick Community College, Fort Detrick, shopping, dining, and major commuter routes, this property offers an outstanding combination of spacious living, modern updates, and vibrant community amenities in one of Frederick County's most cherished neighborhoods.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017