1 STANMORE CT
About This Property
The second upper level has two bedrooms and a full bath. Note the hidden doors connecting the two bedrooms The walk-out lower level is an entertainer's delight, with a large recreation room which boasts many windows on two sides, coffered ceiling, custom mill work, built-in bookshelves, wood burning fireplace and beverage center. Additionally on this level is a laundry room with multiple storage closets and a room which would serve as a perfect gym or home office.
The sweeping backyard is an oasis of tranquility, with a sparkling pool, lush landscaping, and two patio areas perfect for al fresco dining.
This home is further enhanced with a circular driveway and a two-car garage. Located in a quiet cul-de-sac, this property offers the perfect blend of privacy and convenience. With easy access to major commuter routes, shopping, dining, and entertainment options, this is the perfect place to call home. Don't miss this opportunity to own one of the most exquisite properties in Potomac!
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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