1229 NORTH AVENUE
About This Property
The main level offers an open, bright layout anchored by a stunning renovated kitchen featuring ample cabinetry, granite countertops, a stylish backsplash, and brand new appliances. It's a space that feels both functional and inviting, flowing nicely into the main living area with a fireplace that adds warmth and character.
One of the standout features here is the flexibility of three fully renovated full bathrooms - one on each level - a rare and incredibly practical setup. New flooring runs throughout the home, including luxury vinyl plank on the main level and fresh carpet on the upper and lower levels.
Upstairs, the bedrooms are comfortable and efficient, while the finished basement provides valuable bonus living space perfect for a family room, guest area, home office, gym, or playroom. Beyond the cosmetic updates, the major systems are brand new as well, offering added peace of mind for the next owner.
Outside, enjoy the large covered front porch, a rear patio ideal for relaxing or entertaining, and a fully fenced backyard with room to play, garden, or let pets roam.
The location is a major bonus as well, offering convenient access to I-95, I-695, the MARC train, UMBC, BWI Airport, and countless shopping, dining, and commuting options.
If you've been searching for a move-in ready home with style, updates, and versatile space at an attractive price point, 1229 North Ave is one you won't want to miss.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017