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1014 CLIFTONBROOK LANE
About This Property
The main level welcomes you with a living room featuring a bay window and cozy wood stove, flowing into a formal dining room and a spacious kitchen addition crowned by a dramatic A-frame ceiling. Three bedrooms and two full bathrooms round out this level, along with a family room that connects to a mudroom and leads into an oversized two-car garage.
The finished lower level offers a large recreation room, a third full bathroom, and a sliding door walkout to the patio overlooking a fully fenced backyard. A spacious utility room provides ample storage, and an additional room presents easy potential to become a legal fourth bedroom with minor updates.
An expansive driveway provides plenty of parking, complementing the oversized garage. From the kitchen bump-out to the garage expansion, this home reflects true pride of ownership, every upgrade was carefully planned and thoughtfully executed.
Convenient commuter routes via MD-108, MD-650, and US-29 to points throughout the DMV.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017