102 BREWER AVENUE
About This Property
The upper level includes a spacious primary suite with a private deck and ensuite bath with soaking tub, along with two additional bedrooms, a full hall bath, and convenient upper-level laundry. The fully finished lower level is perfect for hosting guests offering a large recreation room, additional bedroom, full bath, second laundry, and direct walk-out access to the backyard.
The main level features multiple living spaces, a flexible front sitting room, and a beautifully appointed chef's kitchen complete with a Wolf range, flattop cooking surface, wine fridge, peninsula seating, and generous dining space.
Step outside to enjoy the fully fenced backyard featuring a large deck, lower patio, and multiple outdoor seating areas ideal for relaxing or entertaining. Additional highlights include large sized shed, driveway parking for up to 3 vehicles, and ample street parking. Don't miss this opportunity to own a spacious, thoughtfully designed home in a sought-after Annapolis location.
Qualified military and civilian buyers may be eligible to assume the seller's existing low-interest VA loan, offering significant financing advantages.
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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 Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017