14808 FIRESIDE DRIVE
About This Property
Recently updated HVAC and lower-level wood burning fireplace help create a comfortable cozy nest for a growing family. Minutes to MD-200 ICC, 495, shopping, public transportation and hiking/biking trails.
The main level welcomes you with an open living/dining area filled with natural light and track lighting on the ceiling. Sliding glass doors open to a small side patio where herbs and flowers grow below more songbird and butterfly-attracting plants. A spacious kitchen with granite counters, stainless-steel appliances, new glass cooktop with hidden exhaust fan, ceiling fan and cross-ventilation from energy-efficient windows. The kitchen is a perfect place for gourmet cooks, family dinners, or breakfast with a view of the birds and flowers just outside.
Gleaming hardwood floors shine in the upstairs bedrooms; the updated hall bathroom has a European-style glass shower door decorative tile and raised ceramic sink. The primary bedroom has one wall of closets, a view to the backyard, and a newly tiled bathroom with sliding barn-door style shower enclosure.
The lower level has brand new LVP flooring, marble tiled full bath with porthole window and new fans and LED lights, updated tiled and well-lit laundry room with front-loading washer and dryer. A large family room with decorator black stone fireplace opens out to the large rear patio. This patio becomes a welcoming party space for firepits, cookouts, and family fun in the expanse of green.
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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 Cloverly
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017