7864 TICK NECK RD
About This Property
As you step inside, you will appreciate the newly installed flooring that adds a modern touch to the home. The entire house has been freshly painted with neutral colors that make it easy for you to personalize your decor. You will love the natural light that pours into every room of the house, creating an inviting atmosphere.
This property sits on a large yard that provides ample space for outdoor activities such as gardening or hosting barbecues with friends and family. The backyard is perfect for kids to play or pets to run around freely while enjoying the fresh air.
The surrounding area of Pasadena, MD offers many amenities for residents to enjoy. There are several parks nearby where you can take a stroll, jog or bike ride while taking in the scenic views. If you love boating or fishing, there are several marinas within close proximity to the property.
Pasadena also offers excellent dining options ranging from casual eateries to upscale restaurants. You'll find plenty of shopping opportunities at nearby malls and retail centers.
In conclusion, this lovely home located at 7864 Tick Neck Rd in Pasadena, Maryland is an ideal place for anyone looking for comfortable living with plenty of indoor and outdoor space. With new flooring and fresh paint throughout the house, this property is ready for you to move in and make it your own. The surrounding area provides ample entertainment options so you can enjoy all that life has to offer. Don't miss out on this amazing opportunity!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017