12901 EAGLE CREEK DRIVE
About This Property
What a value for this remodeled five-bedroom, three-and-a-half-bath contemporary style home in the heart of Cross Creek Club, Maryland. Close to 95 and 200. Easy access to many locations. HOA covers the community swimming pool and tennis court . The home has been fully remodeled to recover the original spaciousness and charm. The entire home boasts stunning hardwood floor and recessed light. The sunken living room with large windows that flows into the spacious dining room. The family room features a large fireplace There is a breakfast area next to the kitchen overlooking the large deck. The kitchen has been totally redone with white cabinetry, stainless appliances, a five-burner gas stovetop with microwave and separate double wall oven. The master bedroom features two spacious walk-in closets, a spa bathtub and an attached sitting room. The three bedrooms are spacious and full of light with a great view. The laundry room has plenty of room to wash and fold. Big washer and dryer. There is an extra room for storage inside the laundry area. The large basement with both inside and outside access boasts a large recreation area, a full bathroom. As a bonus you have a Home Theater. next to the recreation area. The two car garage has two large closets for storage. There is so much more to enjoy in this wonderful home.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017