921 SHAWNEE DR
About This Property
The exterior includes a Pergola-covered carport. Recent updates include a new furnace and AC system installed last year, new windows with a lifetime transferable warranty installed last fall, roof from 2015 with a transferable warranty, and exterior siding replaced in 2022. Radon abatement system in place.
The fully finished basement provides additional living space, ideal for a family room or office. Enjoy outdoor living in the large backyard, which includes fig and peach trees. This well-maintained home offers a perfect blend of comfort and convenience, with just a three-minute drive or a 15-minute walk to downtown Frederick!
**UPDATE** Offer Submission Deadline is now this Tuesday at 2:00 in the afternoon, with offer review to follow shortly after 3:00.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Redfin Corp | $350,000 | |
| Listed by Redfin Corp | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017