13625 BLUE STEM LN
About This Property
Walk up the newly minted steps to the home and be awed by the massive front porch; perfect for morning coffee or seeing the kids off to school. Enter through the grand foyer and be amazed by the open floorplan of the main level with hardwood floors throughout that glisten with the abundant natural light. To the right, you'll find a spacious private home office or flex space to fit your desires with a close by half bathroom. Behind that space, enter the living room with high ceilings and ample seating, with a gas fireplace rounding out the decor. The left side leads you to the formal dining room which flows into the expansive kitchen.
The gourmet kitchen will inspire your inner chef with spacious cabinetry, walk-in pantry, granite throughout, gas cooktop, a wall oven/microwave combo, stainless steel appliances and a large center island. When weather doesn't permit an outdoor bbq on the enclosed back patio, the finished basement has plenty of room to handle many choices of activities; from movie nights to a ping pong tournament this basement is perfect for hosting any and all events. The basement features a full bathroom and 2 large storage rooms which can be a home gym/office or future upgrades to fit your own personal tastes and desires. As your day comes to an end, you'll find a restful retreat upstairs in the 4th floor loft, also boasting a full bathroom. Perfect for an-law suite, office or bedroom.
The laundry room with sink is conveniently located on the upper level with 3 full bedrooms, making daily tasks easy. Two bedrooms are connected by a Jack and Jill bathroom and the premier suite is a quiet oasis of luxury. The large bathroom in the premier suite has his and her sinks and an oversized shower with beautiful backsplash. The bedroom is large with a walk-in closet. Welcome home, you will love it here!
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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%.
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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