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11004 ELON DRIVE
About This Property
The upper level includes four well-sized bedrooms and two full bathrooms, while the finished lower level provides additional flexible living space with ceramic flooring, a full bathroom, rear walkout access, and room for recreation, guests, a home office, gym, or media area. Outdoor living is easy with a spacious deck, fenced backyard, and a generous 0.22-acre lot ready for relaxing, entertaining, cookouts, or gardening.
Additional highlights include a covered carport, driveway parking, off-street parking, public water and sewer, central air, and prior MLS notes indicating the roof, HVAC, and water heater were updated in 2020. Conveniently located near shopping, dining, commuter routes, and area amenities, this Bowie home offers space, comfort, and flexibility in an established neighborhood. Schedule your showing today. SOLD STRICTLY AS-IS
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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.
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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