1301 NORTHVIEW ROAD
About This Property
A spacious, inviting front porch sets the tone and opens into a freshly painted, light-filled living room featuring original oak hardwood floors and classic architectural details. Just beyond, the formal dining room showcases a built-in corner china cabinet and an elegant bay window that fills the space with soft, dappled sunlight. The fully renovated kitchen offers modern finishes and functionality, thoughtfully designed with a convenient pass-through to the dining room ideal for both everyday living and entertaining.
Upstairs, three generously sized bedrooms with original hardwood floors provide comfortable retreats, complemented by a beautifully updated hall bath. The finished lower level adds valuable living space with a versatile recreation room featuring a wood-burning fireplace, a large utility room with a recently installed state-of-the art high efficiency gas heating system, an additional half bath, and walk-out access to the backyard.
Outdoors, the fenced yard features a spacious patio perfect for entertaining, alfresco dining, or quiet relaxation. A detached one-car garage with electric door opener and parking pad complete this exceptional property. With easy access to downtown Baltimore, Johns Hopkins, Morgan State, and Penn Station, this home offers a rare opportunity to own a piece of Baltimore history filled with warmth, charm, and character.
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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