124 MARINE TER
About This Property
Updates include: New roof, gutters and downspouts 2022, new AC 2017, windows 2017, new fridge 2020, new dishwasher 2021.
Community Amenities: Great commuting distance to DC, Baltimore, Annapolis, Goddard, NAS, Ft Meade, FDA, University of Maryland. Strategic location making commuting easy with quick access to major highways, including I 695, Rt 200 ( ICC), New Hampshire Ave ( Rt 650) , Rt 29, Interstate 95 (I-95), Interstate 295 (I-295), Baltimore-Washington Parkway (MD-295)
For travelers, the property benefits from its proximity to major airports, such as Baltimore/Washington International Thurgood Marshall Airport (BWI),
Ronald Reagan Washington National Airport (DCA), and Washington Dulles International Airport (IAD).
The scenic Chesapeake Bay, Atlantic Ocean beaches, and the Appalachian Mountains are all within reach. Hurry! This one won't last!
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Cap Rate Calculator
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