922 CHEROKEE TRAIL
About This Property
Inside, you'll find refinished white oak hardwood floors, an updated bath, and a light-filled layout perfect for everyday living. The kitchen features a brand new refrigerator and a gourmet double oven range, ready for your next meal or holiday gathering.
Mechanically, the home is built to last with top-quality replacement windows, 30-year architectural shingles, custom gutter system, a high-efficiency gas furnace, gas water heater, heat pump, and a whole-house surge protector. Plus, it's already wired for a generator-an added bonus for peace of mind.
Outside, enjoy a 6,200 sq ft lot with great curb appeal in a quiet, close-knit community just minutes from downtown Frederick's shops, dining, and charm.
This is more than a home-it's a testament to pride of ownership and long-term care.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017