10701 MONOCACY WAY
About This Property
Pride of ownership is evident from the moment you cross the threshold of this meticulously maintained home. From the moment you step inside, you'll be captivated by its thoughtful updates and inviting ambiance.
The main level boasts stunning hardwood floors, a spacious home office, a bright and open family room, and a gourmet kitchen that's perfect for cooking and entertaining alike.
Upstairs, you'll find four generously sized bedrooms, each with ample closet space, along with two updated full bathrooms and a conveniently located laundry area. The primary suite offers a spacious bedroom, a voluminous walk-in closet, and a private bathroom with dual vanities, a soaking tub and a separate shower.
The fully renovated basement offers even more living space, featuring a large entertainment area, flex space (office, gym) a bonus bedroom, a full bathroom, and walk-up access to the backyard.
The captivating outdoor space further enhances the property's appeal, with established landscaping, a spacious patio ideal for gatherings or peaceful retreats, and plenty of room for outdoor activities
Additional highlights include a two-car garage, a spacious driveway with plenty of off-street parking, and numerous recent upgrades. In 2025, the owner finished the previously unfinished portion of the basement and installed brand-new vanities in the bathrooms. The newer HVAC system and water heater and sprinkler system and other updates to make move-in ready add to the home's comfort and peace of mind.
This home is centrally located near everything you need-including shopping, arts and entertainment, theaters, parks, top-rated schools, and convenient commuting options such as the VRE light rail and commuter bus services. Don't miss this exceptional opportunity to own a move-in ready home in one of the area's most desirable neighborhoods!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017