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7057 CATALPA ROAD
About This Property
From the moment you step inside, you'll appreciate the gorgeous hardwood floors, fresh paint, newer carpeting, and beautifully updated kitchen and bathrooms. Major improvements include an 11-year-old roof, a 5-year-old heat pump, and the warmth and charm of a wood-burning fireplace.
If you've been dreaming of a home where you can relax and enjoy nature, you'll love the private paver patio overlooking a peaceful backyard with plenty of room for gardening. The location is one of the best in the community, backing to open space and mature trees for exceptional privacy and tranquility. Opportunities like this rarely come available in Crestwood Village!
Crestwood Village 1 is a highly sought-after 55+ community offering an impressive selection of amenities, including a clubhouse, fitness center, library, banquet room, game and billiards rooms, swimming pool, miniature golf, tennis, pickleball, shuffleboard, horseshoes, and a full calendar of community activities. The HOA provides added convenience with lawn care, gutter cleaning, basic cable, and snow removal, all while enjoying the benefit of no city taxes.
Ideally located just minutes from shopping, dining, historic Downtown Frederick, and major commuter routes, this exceptional home offers the perfect blend of comfort, privacy, convenience, and an active lifestyle.
Call Cassandra today to schedule your private showing!
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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