130 SPA VIEW AVE
About This Property
From the moment you step inside, the abundant sunlight pouring in through the large front picture window and rear sliders will envelop you in warmth. The south-facing orientation ensures that every room is filled with natural light, creating an inviting, breezy atmosphere. This very well-maintained home is ready to meet your vision. Enjoy it as-is or embark on a reimagining journey.
Positioned on one of the area's most sought-after streets, celebrated for its proximity to Annapolis, expansive sidewalks, water access, and timeless character, this home offers an unbeatable location. Whether you're drawn to the arts and culture scene, the allure of Amos Garrett Waterfront Park for kayaking and paddleboarding, exploring the boutiques and eateries on Upper West Street, or Annapolis' renowned restaurants and shops, it's all within easy reach. Murray Hill combines the best of historic charm with a vibrant, well-connected lifestyle. Close to DC and all commuter routes.
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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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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017