10 SCHINDLER COURT
About This Property
Located within a 5-minute walk to elementary and middle schools, a 10-minute walk to the neighborhood swimming pool, and a 20-minute walk to the FDA campus. Just a 30-minute drive to downtown Washington, D.C. or Northern Virginia, and less than a 20-minute drive to Bethesda, College Park, Columbia, and Rockville. Conveniently close to many grocery stores, restaurants, shopping, and parks in the area.
This home is truly a gem-a must-see!
Key Updates and Improvements
· New roof (2018)
· New HVAC system – Carrier A/C and Trane gas furnace (2018)
· Refinished solid white oak hardwood flooring (2018)
· Electrical heavy-up to 200 amps (2018)
· New attic insulation (2019)
· All 30 windows replaced with energy-efficient, double-pane low-E glass (2020)
· New steel front and kitchen doors (2020)
· Bathrooms renovated with grout-free Jacuzzi Bath Remodel systems (2023)
· New Rheem gas water heater (2023)
· New deck (2025)
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Cap Rate Calculator
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