1205 AVALON BOULEVARD
About This Property
Inside, the home offers a functional and inviting layout with well-proportioned living spaces. The fresh paint throughout creates a bright, clean feel, making it easy for the next owner to move right in and make it their own. Upstairs, enjoy peaceful water views from the second-story windows, adding a touch of coastal charm to your daily routine. Avalon Shores is known for its exceptional amenities and relaxed waterfront lifestyle. Residents enjoy access to a community boat and jet ski launch, a pier for fishing and crabbing, a sandy beach with a swimming net, and multiple playgrounds and picnic areas. All of this with no HOA, giving you the freedom to fully enjoy your home and surroundings. Conveniently located within commuting distance to Annapolis, Washington, D.C., and surrounding areas, this home offers the best of both worlds-peaceful living with easy access to everything you need.
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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