48
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10120 TENBROOK
About This Property
The foyer entrance directs you to the living room flooded with natural light, crown molding feature, and warm wood floors. The dining room invites you in and showcases the renovated kitchen with 42" maple cabinets with pantry, stainless steel appliances, gas range, granite countertops, recessed lighting and full-light door access to large deck overlooking the park. The main level also boasts a comfortably located half bath. The upper level provides a primary bedroom (second bedroom was combined to create one large bedroom) with cathedral ceiling, lots of natural light (four windows) and a huge customized walk-in closet! Check out the reading nook overlooking the yard, then step into the second bedroom/office area and enjoy the same warmth of the wood floors. The upper level is completed by an updated and modern bath. The lower level offers a third bedroom (legal egress) and a private renovated full bath. Check out the multiple storage closets, separate laundry area, mudroom area and transition to a fantastic, screened porch for protected outdoor fun! Open house scheduled for Thursday and Friday evening as well as Saturday and Sunday afternoon. Come see this wonderful home tucked away in the heart of Silver Spring yet feels like you are in the park!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017