14047 WELLSPRING AVENUE
About This Property
The finished lower level adds even more living space, offering incredible versatility to suit your needs. A generous rec room provides the perfect setting for a media area, play space, or home gym, all enhanced by recessed lighting and a large egress window that brings in natural light. The full bathroom adds convenience for guests or extended stays, while the expansive storage area ensures plenty of room to keep things organized. Additional highlights include EV-ready garage outlets (two 240V connections), hardwoods on the main and upper levels, and community amenities such as a pool, clubhouse, playgrounds, walking trails, and parks. All are just minutes from Clarksburg Premium Outlets, local dining, and major commuter routes, including I-270, MD-355, and MD-27. This home blends comfort, space, and convenience in one exceptional package.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017