11118 LENOX DR
About This Property
Enjoy the stunning 16x16 four-season sunroom that overlooks a fenced, private backyard oasis. The backyard features a lush lawn, a basketball pad, and a storage shed. The front and backyard irrigation systems will keep your lawn green and vibrant even during hot weather. Additional highlights include a 2-car garage and a long driveway that provides ample parking space for both your family and visitors.
The finished basement is a versatile space with a full bath, washer and dryer hookups, and a spacious recreation room that can be customized to fit your needs-whether as an additional bedroom, a fitness room, or whatever you desire.
Location is key! This home is just a short distance from Watkins Regional Park, offering campgrounds, a nature center, indoor and outdoor tennis courts, ball fields, mini golf, a carousel, and playgrounds. Located just minutes from the new UM Capital Region Medical Center. Nearby attractions include Six Flags theme park and Baysox Stadium for fun-filled outings. Convenient shopping and dining options are available at Woodmore Towne Center, Largo Town Center, and other nearby spots. With easy access to beltway exits 13-17, Metrorail, and major roads like 202, 214, and 301, you can effortlessly reach Maryland, DC, and Virginia. Don't miss out on the opportunity to be part of this wonderful Kettering 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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About Largo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017