1401 LEISTER DR
About This Property
Special features of this home include solar panels, new custom painting throughout the main level, and GE kitchen appliances (2021-2022). The lower level features a wine cellar, wet bar with chiller fridge, gas fireplace, discreet wall safe, dedicated office space, laundry room with an extra fridge and icemaker, and a bonus space for an exercise area or playroom. With a full bath and entertainment area, the lower level adds versatility to the property, providing valuable additional living space and the opportunity for a fourth bedroom.
Conveniently located close to Colesville, Fairland, and White Oak public transportation, as well as the Adventist hospital and FDA headquarters. Nearby parks include Meadowood, Wheaton Regional, and the 95-acre MLK Recreational Park featuring swimming pools, ball fields, tennis courts, play and picnic areas. Hiking and biking along Northwest Branch and Rachel Carson Greenway Trails. With swift access to both the ICC and 495 via Route 29, you'll find yourself minutes away from many dining, shopping, and entertainment options. Embrace the opportunity to make this spectacular property your own!
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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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About Colesville
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Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 3 Beds
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- 2,088 ft²
$2,900 /mo
- 3 Beds
- 2 Baths
- 1,540 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017