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12702 HOLDRIDGE ROAD
About This Property
Thoughfully updated 3 bedroom, 2 bath Rambler with a charming white picket fence, beautifully landscaped grounds, and tastefully rienovated interior. Floor-to-ceiling windows flood the living room with natural light, while the updated kitchen features custom cabinetry, granite countertops, and stainless steel appliances. A spacious family room addition, full bath, and screened-in patio create exceptional indoor and outdoor living and entertaining spaces. Driveway parking includes a professionally installed hardwired Level 2 EV charger.
The fully enclosed property is ideal for pets, children, and secure outdoor living, featuring a 6-foot privacy fence surrounding the backyard and a gated driveway for added privacy and functionality. The expanded front lawn provides additional usable green space, while the Amish-built shed offers high-quality, durable storage.
Ideally located just a short walk to the Glenmont Metro Station on the Red Line with direct pedestrian access, this home also offers easy access to the Matthew Henson Trail for walking, biking, and outdoor recreation. Nearby amenities include the Wheaton Regional Park with trails, sports facilities, tennis courts, ice arena, miniature train, and carousel, as well as the Brookside Gardens with beautiful gardens, conservatories, and seasonal displays. Also conveniently close to the Sergeant Hector I. Ayala Wheaton/Glenmont Outdoor Pool and nearby public tennis courts. A rare combination of Metro convenience, privacy, outdoor space, and practical modern upgrades.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017