12304 MANVEL LANE
About This Property
The primary bedroom includes a private en suite bath, while two additional bedrooms and a second full bath complete the layout. Additional highlights include newer HVAC, no homeowners association, and a great chance to update and add your own personal touch.
Ideally located near major commuter routes for easy access to Washington, D.C., Baltimore, and Annapolis. Enjoy nearby shops, restaurants, parks, and walking trails, as well as convenient proximity to Andrews AFB, Fort Meade, and the MARC train. Come See!
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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