1042 SKYVIEW DR
About This Property
become Your custom home. This 3 bedroom (converted to two bedrooms), one bath, split level
fixer upper has been owned by the same family for over forty years. It has never been updated
and is begging for a rebirth. Situated on a lot and a half, with a built-in pool, 1042 Skyview is
located in Cape St. Claire. The Cape St. Claire community (CSC) is home to three beaches,
proudly boasting more beaches than any other community in Anne Arundel County. There are
also three bodies of water along this Broadneck Peninsula community, along with numerous
boat slips (sorry, there is a waiting list, but there is a nice community boat ramp) and a Yacht
Club. Other amenities that CSC has to offer include a shopping center with restaurants, Mom and Pop
stores and a Graul's grocery store, as well as a community pool and a clubhouse. There is a
separate fee to use the pool and the community clubhouse can be rented to CSC residents for
parties and private events.
This home is being sold As-Is. Inspections are allowed, but are for informational purposes only.
Based on the location and price, we anticipate a lot of showings and multiple offers. You won't
want to miss this opportunity so call your Realtor now!
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Cap Rate Calculator
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