1002 LAREDO ROAD
About This Property
Updates Include Replacement windows, New Roof & Gutters (2018), New AC (2019) , New Washer/ Dryer (2021), Refrigerator (2021), Kitchen Floor (2023), Chimney, Flue, Cap (2023), New Furnace (2024)
Sligo Creek Trail & a playground area, perfect for outdoor activities. Shopping in Four Corners &downtown Silver Spring are just a short distance away, offering easy access to dining, shopping, & entertainment. Plus, with easy access to Metro Bus service, commuting to the Metro is a breeze. Don't miss out on this wonderful home – schedule your tour today!
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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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About Kemp Mill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017