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12717 NORTHCLIFF ROAD
About This Property
Space, flexibility, and location come together in this Bowie home designed for everyday living. Inside, you'll find a functional floor plan featuring a convenient laundry chute, attached garage, and newer water heater. Step outside to a detached shed equipped with electric and heat-ideal for a workshop, hobby space, home gym, or extra storage.
Enjoy easy access to nearby biking and walking trails, shopping, dining, and recreation. Commuters will appreciate being just 20 minutes from Washington, D.C., 20 minutes from Annapolis, and approximately 35 minutes from Baltimore. Located in highly rated Prince George's County Public Schools district.
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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