8500 DOUBLETREE COURT
About This Property
Every so often a home comes to market that just steals the spotlight from all others. This is one of those homes. From its stately position on its 1.14 acre lot, you can park next to the sideloaded, 2 car garage and see the beautiful fauna along the walkways - both to the backyard and to the covered front door. The home invites you to enter the two story foyer with light and airiness as you walk past the French doored office and powder room to the expansive kitchen and morning room. The large family room, with its gas fireplace and location off the kitchen, allows for inclusion and warmth. There is a triple bay in the dining room that then leads to a peaceful living room complete with its own bay window. Off the morning room, is a paver patio that is the sellers' delight, with tranquility to enjoy the private yard. The laundry/mudroom lead to the garage. Upstairs, the huge owner's suite will take your breath away when you discover the designer closet and updated modern bathroom. 3 additional large bedrooms with adjoining baths and skylights make the home a show stopper. Full walkout lower level completes the beauty that makes 8500 Doubletree Court the obvious winner. More amenities adorn the home - must come see it for yourself! Very convenient to all major commuter routes, international airports, shopping, entertainment and only minutes to beautiful downtown Frederick. Located in the award winning Oakdale school district.
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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