8660 DOWNSVILLE PIKE
About This Property
Set on a generous half-acre lot that backs to open farmland, the property feels like your own private retreat. A chicken coop out back makes it easy to enjoy fresh eggs or explore hobby farming, creating a sense of calm and connection to nature.
Inside, the expansive basement provides a huge amount of flexible space-perfect for creating a cozy family room, game area, workshop, or additional bedrooms. Recent updates bring peace of mind, including a newer 50-gallon hot water heater installed in 2022 and a UV light on the well for clean, worry-free water.
When it's time to unwind or explore, you'll love being just minutes from hiking and biking along the C&O Canal, fishing and boating on the Potomac River, or spending sunny afternoons at nearby parks with public pools, ball fields, and picnic pavilions. The home's sought-after location also means quick access to highways, shops, and schools-combining small-town charm with everyday convenience.
This is a place where you can spread out, settle in, and savor a simpler way of living. Come see all the possibilities waiting here for you in this move in ready property.
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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