1155 TYLER AVE
About This Property
Welcome to this cozy 3-bedroom, ranch-style home, brimming with potential! Nestled on a generous double corner lot that is mostly fenced and includes a detached two-car garage, this home offers a fantastic opportunity to expand the current living space in the fully unfinished basement or the walk-up attic for additional storage. Featuring beautiful hardwood flooring throughout and a cheerful kitchen with table space, this home is ready for your personal touch.
Highlights:
3 Bedrooms, 1 Bath with spacious rooms and natural light
Charming Curb Appeal with a welcoming front porch and paver walkway
Hardwood Flooring throughout the home, adding warmth and character
Cheerful Kitchen with space for a small dining table and easy flow to the rest of the home
Large Detached Two-Car Garage, perfect for storage or a workshop
Newer Roof, HVAC System, & Updated Plumbing, including a new waste line out of the home
Spacious Corner Lot with room to grow, relax, or entertain
Wood-Burning Fireplace
Sunroom
Large Unfinished Full Basement
Walk-Up Attic for additional storage
Location:
The location is central to all of Annapolis's many wonderful amenities, including museums, shopping, restaurants, Quiet Waters Park, and PIP Moyer Recreation Center. It is a two-mile drive to the Annapolis Historic District and City Dock.
This property is a handyman's dream – ready for renovation, or you can move in and make repairs as you go. Whether you're looking for a DIY project or a home to update and personalize, this one has great bones and incredible potential. The home is being sold as-is, and the seller is not making repairs.
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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