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708 UNIONTOWN ROAD
About This Property
Motivated Seller.......Bring all offers
A fantastic home for the $$$$$ - Currently, this home is set up as a 4 bedroom / 2 Full Bath. The basement is serving as a In-Laws quarters, featuring: Large Bedroom with sitting area, Kitchen / Dining, Separate Living Room with wood burning fireplace with walk out to the back yard. Rear covered patio, immaculate landscaping, fenced in back yard.
Main / Upper level offers 3 bedrooms and 1 Full bath. Bring your vision......it does need cosmetic updating.
Walking distance to Westminster Elementary School & Jaycee's Park. Minutes to downtown Westminster and McDaniel College.
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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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About Westminster
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017