55
Map
8623 PINECLIFF DRIVE
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| Jun 1, 2024 | Listed by Long & Foster Real Estate, Inc. | $650,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Welcome home to this true mid-century modern home in the OAKDALE school district. Cedar board and batten siding with brick accents are on the exterior. Mature landscaping and a large park-like lot surround the property. Home sits on a dead-end street in close proximity to the Monocacy River, I-70 and downtown Frederick. Entry lower level features a stunning floating staircase in the foyer, a family room with wood-burning fireplace, laundry area leading to garage, half bath, and an updated primary suite with new LVP floors, built-ins, electric fireplace, walk-in closet, and en-suite bath. The upper level features a vaulted ceiling with accent wall, open living/dining/kitchen combo perfect for entertaining, updated light fixtures, wood floors, and some fresh paint. Newly remodeled kitchen with new appliances, cabinets and oversized quartz island. Two generous bedrooms and a full bath with separate claw-foot tub and shower finish off the upper level. Backyard is perfect oasis with lots of trees, landscaping, an area for gardening, patio and trex-deck. There is a 529 sq ft separate cedar-clad building with heat/AC/electric in the rear yard with opportunities for a studio, home office, play area, or hobbyists delight. Truly a one-of-a-kind property that won't last long!
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| May 20, 2021 | Sold | ||
| Sold | |||
| Apr 2, 2021 | Listed by Keller Williams Realty Centre | $500,000 | |
| Listed by Keller Williams Realty Centre | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017