*** Offer Deadline Tuesday, March 7 at 5:00 p.m. *** Welcome to
this nicely updated 3 bedroom, 2.5 bath townhome situated in a
quiet circle within the Longmead community. Enjoy preparing meals
in the eat-in kitchen offering updated cabinetry, Corian
countertops, Moen faucet, chair rail molding, and white appliances
including a new refrigerator (2022). Step outside from your kitchen
into your back yard to do some gardening, grilling out or relaxing.
The dining room, living room and stairs to the bedroom level all
have new carpeting. Upstairs the primary suite offers a double
closet, new carpeting and a primary bath with a shower stall. The
second and third bedrooms, a hall full bath and a linen closet can
also be found on this level. The lower level is partially finished
with a large recreation room and laundry area plus an unfinished
space for you to finish as you'd like. Additional amenities include
fresh paint throughout, replacement roof (2017), newer hot water
heater (2020), newer LG washing machine (2020), newer exterior
siding, a storm door, 1 shed, and two assigned parking spaces. 1
Year Cinch Home Warranty provides peace of mind. Enjoy the Longmead
neighborhood community amenities which include several community
pools, clubhouse, several playgrounds, tennis courts, and so much
more! The close proximity to the ICC (Route 200), shopping,
restaurants and nearby Glenmont Metro Station can't be beat! Check
out the virtual tour and schedule your appointment today!
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$305
Property Type
Townhouse
Property Taxes
$301
HOA Dues
$79
Year Built
1985
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
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