7702 BRIDLE PATH CIRCLE
About This Property
The second level features two large, cape cod style bedrooms with a full bathroom and ample closet storage. The walkout lower level features a sizable rec room with pellet stove, additional bedroom, full bathroom and laundry room with oversized washer and dryer. Back up to the main level and exit out the rear to an oversized trex deck overlooking a picturesque backyard backing to farmland.
But this isn't just a home - this is a car lover's dream! The absolutely massive detached garage features a lift, room for three cars (6 more in the driveway) and an entire upper level for storage. Imagine the possibilities this 27'x30' space will afford you!
7702 Bridle Path features easy access to 70, 270, and all the shopping, restaurants and attractions Frederick has to offer. Updates include newer windows, roof, hot water heater, HVAC and more!
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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 Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017