7197 ADIRONDACK DRIVE
About This Property
Main floor open space big and bright. Spacious living room opens to kitchen and dining area. Newly renovated kitchen with stainless steel appliances, quartz countertops and high end cabinets.
Upper level newly renovated primary suite and 2 additional bedrooms and additional 1 full bath.
Lower level family room with fireplace. 4th bedroom and 3rd full bath.
Whole house renovated with new window, new paint, new floor, and new lights.
Close to downtown Frederick, FCC and Fort Detrick and accessible to all major commuting routes. There's no HOA and no city tax!
Make this beautiful house your new home and enjoy it.
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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