10115 BIG ROCK RD
About This Property
The heart of the home is the fabulous kitchen expansion and renovation completed in 2018, showcasing open concept and top-of-the-line finishes.. Gather in the spacious living room, enhanced with recessed lighting installed in 2020, while basking in the glow of the gas fireplace (installed in 2017). Additionally, the main level features a versatile study with a convenient half bath, perfect for those who work from home or desire a quiet sanctuary away from the hustle and bustle.The upper level features three bedrooms and a full size bathroom.
10115 Big Rock Road boasts one of the best lots in the neighborhood, offering unparalleled seclusion and tranquility. Step onto the screened porch and immerse yourself in the serene beauty of the surrounding woods, with stunning views of the NorthWest branch providing a picturesque backdrop for relaxation and contemplation.
Further enhancing the appeal of this exceptional home are the recent updates including a new roof and gutters installed in 2018, as well as a basement renovation completed in 2021, offering additional living space and endless possibilities for customization.
Conveniently located in the sought-after Woodmoor community, residents enjoy community events such as Oktoberfest, Woodmoorstock, Holiday decorating contests, and the 4th of July parade. With easy access to 495 and public transportation, Woodmoor is a commuter's dream.
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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.
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 Silver Spring
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$3,450 /mo
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017