12108 DAMSON DRIVE
About This Property
Upper Level features Primary Suite with Vaulted Ceilings, Lux Bath with Separate Shower and Soaking Tub, Dual Vanity, Granite Countertops and Water Closet, as well as a Walk-in Closet with Custom Closet Organizers. The Main Level continues to Three Additional Generously Sized Bedrooms with Custom Closets, Upper Level Laundry, and Full Hall Bath.
The Walk-Out Lower Level features Spacious Rec Room/Family Room, Large Bedroom (Currently used as a Gym), Full Bath with Direct Access from the Bedroom, Recessed Lights Throughout, Ample Storage plus Lots of Natural Light, and Walks out to The Stamped Concrete Patio overlooking the Beautiful Yard!
Recent Upgrades include New Architectural Shingle Roof (2019), New Windows (2018), Upper Level HVAC Complete System (2014), and Lower Level Furnace (2013), Amazing Screened-In Porch Addition, Flagstone Front Porch, Stamped Concrete Patio, Nest Thermostats, Wifi-Enabled Garage Door Openers, Smart Water Monitoring and Much More.
Conveniently Located minutes to Kentlands, Grocery and Restaurants, Rt 28, I-270, and lots of Parks and Trails. Incredibly Low HOA Fee!
Sellers prefer a 60 day rent-back. Offers, if any, due 6PM on Monday, March 28th.
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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%.
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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 North Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017