10122 GREENOCK RD
About This Property
As you step through the front door you are greeted with recently refinished hardwood floors and freshly painted walls. The main level has an open- concept design while also giving dedicated space to each room making it an ideal home for entertaining guests or spending quality time at home relaxing in front of the woodburning fireplace. The large bay window in the living area allows ample natural light to flood the main level from front to back creating a warm and welcoming atmosphere. The kitchen features modern appliances, ample countertop space and plenty of storage in the cabinets. Whether you are preparing a quick weekday meal or hosting a dinner party, this kitchen has everything you need. The space allows for a large table to host your gatherings. Towards the back of the home is a large addition with an elevated ceiling, recessed lighting, and modern ceiling fan. The room overlooks the large backyard with access to a stone patio.
The hardwood floors continue to the upper level with 3 spacious bedrooms. All 3 bedrooms have ceiling fans, natural light, and great closet space. The full hall bathroom was recently updated with a modern light fixture and vanity with great storage.
A pocket door to the lower level steps gives privacy to both levels when needed. The lower level has 2 additional living spaces and full bathroom. These spaces provide versatility for your needs- potential bedroom, office space, playroom, whatever suits your lifestyle. The second living space has a wall of built in shelves, and access to the garage/ storage.
Step outside to discover the outdoor living space. Mature landscaping provides privacy and the perfect setting for outdoor activities, gardening or simply basking in the sun.
Additional highlights of the home include HVAC (2021), Water Heater (2021), Roof (2019) Front Facia (2019).
Situated in a sought-after neighborhood, this property offers convenience and a sense of community. South 4 Corners is close to parks, schools, Sligo Trail, downtown Silver Spring, public transportation, 495, Washington D.C., Virginia and so much more!
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017