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1101 WINDMILL LANE
About This Property
Meet 1101 Windmill Lane! Look no further - you have found your new home. Rare opportunity in the sought after Peachwood community. This beautifully maintained home features a truly welcoming layout that starts when you walk in and eventually leads you to the kitchen/living room that you have always wanted. The kitchen has been upgraded to showcase beautiful granite countertops with a hint of cherry throughout, stainless steel appliances, and ceramic tile flooring that stretches into the living room. Enjoy the owner's suite that comes with a recently re-imagined bathroom. Three additional nicely sized bedrooms and a full bath can be found on the upper level. Now, to the good stuff! The lower level is truly a blank canvas. Just patiently waiting to be finished - the available square footage is perfectly fit for an additional family entertainment space and fifth bedroom. This spacious lot includes a rear exterior perfect for entertaining and family fun lead by the oversized deck coming off the main level. Roof and siding replaced in 2021. Brand new water heater installed last week! Make this your new home in the private Peachwood community centrally located to all of what Silver Spring has to offer!!!
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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 Colesville
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,500 /mo
- 4 Beds
- 3 Baths
- 1,872 ft²
$5,400 /mo
- 4 Beds
- 3 Baths
- 1,520 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017