134 CLUB ROAD
About This Property
Outdoor lovers will appreciate the home's location right next to the bike trail, plus a shed with a granite walkway for extra storage and charm. Inside, the home is ready to be brought back to her former glory, offering a wonderful opportunity to update and personalize.
This is a guardianship sale, and the property is being sold strictly As-Is. Due to the condition and needed updates, the home MAY require cash, FHA 203(k), or hard money financing.
Conveniently located close to Anne Arundel Community College, highly rated schools, downtown Annapolis, the U.S. Naval Academy, and the Eastern Shore, this home offers both accessibility and potential in a sought-after area.
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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