106 LINDEN AVENUE
About This Property
This delightful home offers three bedrooms with the potential for a fourth bedroom in the fully finished basement, along with three full bathrooms, providing flexible living options for families, guests, or a home office setup. The finished lower level features a spacious recreation room, abundant storage, and a separate exterior entrance, making it ideal for extended family living, a guest suite, or additional entertaining space.
The main living areas reflect the warmth and charm expected from a classic Cape Cod, while thoughtful updates ensure everyday comfort. The roof was replaced just one year ago, providing peace of mind for years to come.
Heating efficiency and flexibility are a highlight of the home with two natural gas heating systems: Forced air system with heat pump, and Traditional radiators and baseboard heat.
Outside, enjoy the private fenced in yard and patio, perfect for relaxing evenings, gardening, or entertaining. A detached two-car garage offers sheltered parking and additional storage.
Located just minutes from downtown Annapolis, the U.S. Naval Academy, local restaurants, shopping, and waterfront attractions, Homewood is known for its tree-lined streets, charming homes, and incredibly strong resale demand. Properties here consistently attract buyers looking for walkability, community charm, and proximity to everything Annapolis has to offer.
If you've been waiting for a home in Homewood, this is your chance to secure a property in a neighborhood where homes move quickly and opportunities are limited.
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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