9306 GRANITE CIRCLE
About This Property
Welcome to 9306 Granite Circle! This single-story home features over 1,200 square feet of living space, this property includes 4 bedrooms and 1 full bath. The layout showcases a spacious living area, an enclosed porch perfect for relaxing or entertaining, and a covered carport for added convenience. Large shed and additional smaller shed for plenty of storage or a workshop! Ideally located just minutes from shopping, restaurants, commuter routes, and all that downtown Frederick has to offer. This home is full of potential!
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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