12201 REMINGTON DR
About This Property
The house boasts three spacious bedrooms and three and a half bathrooms, providing ample space for comfortable living. One of the highlights of this home is its updated gourmet eat-in kitchen, which showcases granite countertops, stainless steel appliances, abundant cabinet space, and stylish tile flooring.
The Owner's Suite is elegantly designed and includes a walk-in closet with built-in storage solutions and a full ensuite bathroom. Hardwood floors grace the main living areas, adding warmth and sophistication. The bathrooms throughout the house have also been tastefully updated.
The bedrooms are generously sized, providing plenty of room for relaxation and rest. As you enter through the double door front entry, you'll immediately notice the remarkable natural lighting that floods the space, creating a welcoming ambiance.
This home offers three fireplaces, adding coziness and charm to the living areas. The dining room provides an elegant space for formal meals and entertaining guests.
Additional notable features include a recently replaced well pump/tank, a new AC/heat pump located in the attic, and an immense finished walk-out basement complete with a full bathroom. The basement offers endless possibilities for use, such as a recreation area, home theater, or additional living space.
Outside, you'll find a large backyard with a patio and fire pit, perfect for enjoying the scenic views of the Northwest Branch Trail. There is also a convenient storage shed for your outdoor equipment and belongings.
The location of this property is ideal for nature enthusiasts and outdoor activities. It is close to the Brookside Nature Center and Gardens, as well as the Kemp Mill Swim Club and Wheaton Park Stables.
For commuters, this home offers easy access to The ICC (Intercounty Connector), ensuring a convenient drive to various destinations. The Glenmont Metro Station is also conveniently located just 2 miles away, providing easy access to the metro system.
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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 Kemp Mill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017