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14811 SPRINGFIELD ROAD
About This Property
Welcome home to this spacious 4-bedroom, 4-bath retreat set on 2 private acres in Germantown, just 3 miles to Harris Teeter on Rt 28! This home has been beautifully updated and expanded, offering flexible living space for every lifestyle.
The heart of the home is the brand-new kitchen, featuring pristine white cabinetry, gleaming quartzite countertops, a new electric range (includes air fryer and sous vide too!), and a breakfast bar that opens seamlessly to the dining room - perfect for entertaining. The living room boasts a cozy wood-burning fireplace, while the main-level office with custom bookcases offers the ideal work-from-home setup. A huge family room provides even more space to gather.
A new garage entry room includes a convenient powder room, and a stunning new sunroom with front and rear yard access and windows on both sides brings in natural light from every angle. Both rooms have mini-splits to provide consistent temps all year round.
Upstairs find a king-sized primary suite, with a walk-in closet and updated PRBA w/double sink vanity, tiled shower and private water closet. There are 3 additional bedrooms and a renovated hall full bath.
Step out from the kitchen to the expansive rear deck, overlooking a private, tree-lined backyard - a true outdoor oasis. The thoughtfully designed laundry room includes a utility sink and pantry closets for extra storage.
The lower level has a great space to become a rec room, even has a dog bath! It walks out to a patio and rear yard.
This home also features a brand-new 2-story, 2-car garage addition with a workroom, plus an unfinished upper level ready to become an office, studio, or playroom - the possibilities are endless.
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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 Darnestown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017