1211 SAPPLING DR
About This Property
The lower level was carefully designed. Three separate rooms - The large room would be a fantastic Recreation area, another could be your own Theater Room or Studio! Another separate room could be turned into a Bedroom with the addition of a window, or an Office with a private entrance through the back sliding doors. From the flooring to the chandelier lighting and recessed lighting, be prepared to make this whatever your desire. There is a large set of sliding doors and wide stairway to the backyard! Very close to Ft. Meade, NSA, and many other companies! Short distance to the West Nursery Rd. area as well! DC, Annapolis, Columbia and Baltimore locations easy to get to! AND... VA Assumable loan to qualified buyer with a 3.5 interest rate!!!
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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 Severn
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$3,050 /mo
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$3,250 /mo
- 4 Beds
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- 1,826 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017