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10412 EDGEWOOD AVENUE
About This Property
The fantastic Primary Bedroom is on the main floor and offers a luxurious Primary Bath w/double sink vanity, oversized shower & walk-in closet. Upstairs there are 2 additional spacious Bedrooms that share an updated Hall Bath. The main level also features a charming Living room w/a Juliet balcony, fireplace, vaulted wood beam ceiling, plus a Powder room. The lower level has the laundry area, utilities and plenty of space for storage.
Walk out back from the Family room to the expansive low-maintenance composite deck, perfect for entertaining, that includes space for a built-in grill. The fenced-in yard offers lots of space for gardening, playing and backs to Four Corners Park! Brand new boiler/hot water heater plus heavy up 200-amp electric service. Replacement windows throughout and don't forget about the detached garage! This fabulous home is conveniently located near major roadways, a short walk to bus stop and approx. 3-miles to Downtown Silver Spring and Metro!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by RE/MAX Realty Centre, Inc. | $639,900 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017