12505 ARBOR VIEW TER
About This Property
Welcome home to this sun-filled and newly renovated colonial that sits tucked away on a lovely cul-de-sac in the sought after Glenfield Manor neighborhood (with NO HOA!)
The main level features a spacious living room, formal dining room, powder room, laundry room, and a large, updated kitchen with an additional dining area and fire place that leads to the fully fenced yard. Upstairs you'll find all four bedrooms and two full baths- and wait until you see the closet in the owner's suite!
In the basement, you'll find a large apartment with private entrance perfect for guests or renting, plus a large unfinished portion for storage or to complete however you wish!
The large, private lot is perfect for playing, gardening, and entertaining friends and family. The serene deck is perfect for enjoying your morning cup of coffee or BBQing.
Updates include:
-New roof (Nov. 2015, including all underlying materials, with lifetime warranty using three dimensional shingles),
-New energy efficient Vista windows and sliding glass door (Nov. 2015)
-A large sliding door was added to allow added access from kitchen to back deck.
-Yard has been graded and cleared of several large trees
-Spring 2016 a large custom deck (16x26) was installed
-Spring of 2016 main floor was remodeled to give the home a open floor plan, all flooring was updated or replaced, recessed lighting was installed, new insulation, new dry wall and French doors added.
-Summer of 2016 kitchen was remodeled with custom cabinets, quartz counters and high end appliances.
-Fall of 2016, a costume shed (14x16) was built in the back yard for extra storage.
-Fall of 2016, installed tankless, energy efficient, natural-gas, water heater.
A commuters dream, this beautiful home is located just minutes from 200, Georgia Ave, and the Glenmont Metro Station. You'll also be walking distance to the beautiful Brookside Gardens, offering miles of gorgeous hiking and walking trails.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Keller Williams Capital Properties | $649,900 | |
| Listed by Keller Williams Capital Properties | |||
| Oct 8, 2014 | Sold | ||
| Sold | |||
| Apr 14, 2014 | Listed by Keller Williams Capital Properties | $419,000 | |
| Listed by Keller Williams Capital Properties | |||
Property Highlights
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About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017