1106 BEALL PLACE
About This Property
The main level has tons of natural light and welcomes you with gleaming hardwood flooring throughout. The practical layout includes family room and dining areas, three bedrooms, and one full bathroom. The updated kitchen is designed for both function and style, featuring updated cabinetry, granite countertops, a farm sink, updated appliances, a 5-burner stove, and excellent counter and cabinet space. Wide-plank hardwood flooring adds character, while the kitchen bump-out overlooks the spacious backyard and brings in pleasant natural light.
The lower level expands the home's possibilities with a complete second living area. This level includes a full kitchen with a farm sink, granite counters, stainless steel appliances, and ample cabinet and prep space. Updated LVP flooring runs throughout, creating a clean and modern feel. A bedroom, renovated full bathroom, living room, huge walk-in closet, and sunroom with walk-out access to the backyard complete this level. Whether used for extended living, work-from-home needs, guest space, or recreation, the lower level offers valuable flexibility.
The exterior is equally impressive. The fenced backyard is meticulously maintained and landscaped, offering privacy with 6-foot fencing and plenty of room to enjoy the outdoors. Trex decking provides a durable, low-maintenance outdoor area, and two sheds with power add excellent storage and utility.
Situated in one of Laurel's most ideal locations, this home offers convenient access to I-95, Route 198, and other major commuter routes. Laurel MARC station is less than 15 minutes away, Towne Centre Laurel is less than a mile away, and BWI, Fort Meade, and the University of Maryland are all within easy reach. This is a move-in-ready home with space, updates, flexibility, and location all in one.
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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