1438 BOULDER LN
About This Property
Welcome to this wonderful and conveniently located, 4 bedroom, 2 bath single family home. On the upper level there is a family room that flows into the dining room and kitchen which features an updated range/oven, hood, newer LG dishwasher and an undermount side by side sink . There is a deck through a newer sliding door off the dining room and stairs leading down to a level / regular shaped lot with specimen size plantings. The lower level of the home also has 2 bedrooms and 1 bathroom in addition to a a rec room / flex space. Behind the rec room is the a utility room with access to the back yard, a newer HVAC and hot water heater and a newer full size, side by side washer / dryer. There are also stairs leading up to the single car garage. Smart technology thermostat. The driveway has a bump out on the side for additional off street parking. This home is close to shopping, restaurants, grocery stores, commuter routes, 100, I-95, BWI airport, Baltimore 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017