1000 BRANTFORD AVE
About This Property
Flowing nicely from the Great Room and outdoor kitchen is the central hub of the home: the renovated kitchen and living room. Smartly organized, the kitchen has an island set on an angle to allow for more space and better flow to the outdoors. There is ample kitchen storage with floor to ceiling cabinets and the microwave doubles as a convection oven. Across from the open format kitchen is the dining area and sitting area complete with a stone fireplace with gas logs. While the space is expansive, it feels cozy and inviting.
Off of the kitchen are the impressive living quarters. Upstairs is the primary bedroom with ensuite full bath, two additional bedrooms, and a hall-accessed full bath. The primary features a full wall of double-doored closets and updated lighting and can accommodate a king-sized bed if one is desired!
The ground level of the home features an additional living room with exposed brick and a built-in entertainment wall. This part of the home is at the ground level in the rear, so it opens right out to the patio entertainment area! On this level there is an additional primary suite the full width of this wing of the home with two large closets and a hall-accessed full bathroom.
In the lower level of the home there is a dedicated laundry and utility room, extra storage space, and a finished rec room perfect for a home gym.
The home has been well cared for. The roof was installed in 2020, hot water heater in 2021, boiler 2023, dishwasher 2022.
East Springbrook is a bucolic community in the Silver Spring area just north of Washington, D.C. Within walking distance is the 95-acre MLK Jr. Recreational Park with tennis facilities, multiple ball fields, a playground, outdoor and indoor swimming pools, and a walking/jogging trail that wraps around a picturesque small lake. A couple minutes drive away is the Wheaton Regional Park and Brookside Gardens with horseback riding, tennis, and beautifully maintained gardens. Within 10 minutes are Trader Joe's, Target, Home Depot, and Giant.
While this home offers many great options for a home office, if you need to commute, it's easy with access to 495 to the south, 200 to the north, and BWI is only 40 minutes away. Regular bus routes along New Hampshire Ave go to the Wheaton-Glenmont Red Line metro station. The FDA Headquarters off of New Hampshire is an easy 10 minute straight shot.
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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%.
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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.
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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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About White Oak
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017