14021 HEATHERSTONE DRIVE
About This Property
The open floor plan allows easy access to all rooms once you enter. The main floor features a foyer entry with coat closet, a home office, living and dining rooms, a fully equipped kitchen with breakfast area and an adjoining sunken family room w/brick surround gas fireplace and sliders to the rear deck. Outdoor entertaining is made easy with a gas grill and a spacious deck complete with hot tub. The upper level features a primary bedroom with ensuite bath (w/soaking tub & shower), a walk-in closet and double vanities, three additional bedrooms and a renovated hall full bath. The lower level is a blank canvas just waiting to be finished. It is large enough to accommodate a recreation room, bedroom, full bath (rough-in plumbing), utility room and workroom and features sliding glass doors to the rear yard. Central Air, ceiling fans, an Air Purifier, a Sump Pump, lots of windows allowing natural sunlight to penetrate the home all add to its comfortability.
Community amenities include a park, playground, basketball courts and more. Ideal location – perfectly situated within close proximity to Baltimore, DC, Annapolis, Fort Meade and all necessary. amenities. Don't miss this opportunity!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017