121 1ST AVENUE
About This Property
Inside, you'll find a modern kitchen featuring stainless steel appliances, a tile backsplash, and a functional layout that opens seamlessly to the main living area. Fresh paint and flooring throughout create a clean, move-in-ready feel. The unfinished basement provides ample storage space and convenient walkout access to the backyard, adding flexibility for future finishing or workshop use.
Step outside to enjoy the large screened porch, perfect for relaxing or entertaining, as well as a covered patio off the basement walkout, ideal for year-round outdoor enjoyment.
Nearby attractions include the Maryland Zoo, the Washington–Baltimore & Annapolis Trail (WB&A Trail) for outdoor recreation, and the Babe Ruth Birthplace and Museum for local history enthusiasts.
Commuters will appreciate easy access to I-95, the Baltimore–Washington Parkway (MD-295), I-195, and MD-166, as well as the nearby Halethorpe MARC Station with MARC Penn Line service and local bus routes 32 and CityLink Yellow.
This delightful home offers convenience, comfort, 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017