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14116 HERITAGE LANE
About This Property
Some special features not to be missed are a new HVAC system, whole house fan, central vacuum, fenced backyard with a double sized access gate, refinished wood floors on upper level, new luxury vinyl plank flooring on main level and basement recreation room, new carpet on the basement stairs. Roof and windows 2013, gutters 2010 and updated siding.
This home is located within minutes to Matthew Henson State Park with hiker biker path, Fitness Centers, shopping, ICC commuter route, Restaurants and Metro. Nearby is also Brookside Gardens, Wheaton Regional Park, Community Recreation Center and so much more!
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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 Aspen Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017