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10613 S DUNMOOR DRIVE S
About This Property
The full walkout finished basement provides additional space and versatility, seamlessly connecting to the outdoors. Step outside to a beautifully designed multi-level brick patio perfect for entertaining or relaxing overlooking a sizable, fully fenced yard. A renovated shed adds extra storage or workspace, enhancing the functionality of this impressive outdoor space. Conveniently located near major commuter routes, parks, and shopping, this is a rare opportunity to invest in the sought-after WOODMOOR neighborhood. This move-in-ready home combines classic Cape Cod charm with stylish upgrades, don't miss the opportunity to make it yours! Basement is in the process of being finished. Photos for basement are AI generated and will be replaced with actual photos as soon as the work is completed. Estimated completion date is End of May.
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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%.
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017