108 MARQUISE LANE
About This Property
The fully finished basement expands the living space even further, with windows bringing in natural light, a full bathroom, and plenty of room for a media space, gym, office, or additional living area.
Outside, a large, low-maintenance back deck overlooks a tree lined yard, creating a private setting for relaxing or entertaining. An attached two-car garage features an epoxy-coated floor and electric vehicle charger.
The location makes it easy to enjoy so much of what Annapolis has to offer, with Quiet Waters Park, Riva Park, Downtown Annapolis, Eastport, the U.S. Naval Academy, local marinas, waterfront dining, shops, and restaurants all within easy reach. Spend a day on the Chesapeake Bay, explore downtown, catch a Navy game, or head across the Bay Bridge for a day on the Eastern Shore. Route 50 and I-97 also provide convenient connections throughout the region.
Meticulously maintained and beautifully finished, 108 Marquise Lane offers the opportunity to own the home originally designed to showcase the best of the community.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017