12404 MELODY TURN
About This Property
Outside, you'll find a spacious and fenced-in backyard, perfect for outdoor activities and providing privacy and security. The property also boasts a newly paved driveway and a brand-new roof, 2 year old windows , ensuring both functionality and a fresh, updated look. Short commute to the Marc train, Dc , Baltimore , Annapolis , and both Bwi , Dc airports . Visit the nearby Bowie Town Center to shop your favorite stores , enjoy restaurants/ entertainment . Make this home in the well established Meadowbrook at Bel Air community yours today !
All offers due Tuesday ,26th @noon
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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