13338 REDSPIRE DR
About This Property
The immensely livable open floor plan begins in the Foyer with beautiful hardwood floors and crown molding that extend into the adjacent Living and Dining Rooms. The heart of this home is the wonderful Kitchen with an island perfect for informal meals. It opens to the Family Room, which features a gas fireplace flanked by doors to the large Deck. The Primary Bedroom, with windows overlooking the back yard, has a large walk-in closet and Full Bathroom with oversized shower and separate water closet. There are Two additional Bedrooms and a Full Bathroom. Completing this thoughtfully planned level are a Mud Room and Two-Car Garage.
The Lower Level has both finished and ready-for-you-to-finish spaces. The large daylit Recreation Room has an out-of-ground exit and set of stairs to the delightful back yard. There is space for a Fourth Bedroom and an existing Third Full Bathroom. There is plenty of space for storage in the Utility Room, which has a recently installed HVAC and water tank.
Looking for things to do nearby? You're in luck once again! This special home is located in the Poplar Run community, which features a clubhouse/community center, three fabulous pool areas totaling 6,000 square feet and a clubhouse with locker rooms and shower facilities on the lower level. There are two tot lot playground areas, a sand box, outdoor sheltered pavilion, beach volleyball court and over three miles of walking trails.
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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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About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017