1227 HAMPTON ROAD
About This Property
The long driveway leads to a two-car pole barn with electricity that can be anything you imagine, a workshop, gym, lounge, or studio. Step outside your door and enjoy all that Cape St. Claire has to offer: community beaches, parks, boat slips on first come first serve basis, and water access, with shopping, dining, and conveniences just minutes away. Downtown Annapolis is an easy commute, yet here you'll feel like every day is a retreat.
Life in this home means weekends on the water, hobbies in your own creative space, and evenings spent with family and friends in a community that feels like home. Once you experience it, you won't want to live anywhere else.
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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