131 SILOPANNA RD
About This Property
Inside this wonderfully updated home, you'll find: an open floor plan with new flooring throughout, freshly painted walls, a large primary bedroom with en suite full bathroom, another bedroom and a full bathroom, a lower-level family room with a fireplace, a lower-level bedroom or private office, and a half bathroom. The home boasts updated full bathrooms, upgraded countertops, gorgeous cabinets, a new LG full suite of stainless steel appliances barely used, a new LG front loader washer and dryer, a large deck off the kitchen, a spacious fenced yard, storage in the lower level and massive cedar walk-in closet, a new roof and HVAC installed in 2019, and wide 5" gutters. Investors take note: this property would make a great rental as well. Call the listing agent today for more information or to schedule your private showing of this special home. Come live your best life in downtown Annapolis at 131 Silopanna Road. Welcome home!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 17, 2024 | Listed by Long & Foster Real Estate, Inc. | $525,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Oct 24, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017