14921 BAUER DRIVE
About This Property
Upstairs, the expansive primary bedroom is a true retreat with a dedicated sitting area, an elegant ceiling fan, and a fully renovated en-suite bathroom (2024), while the hall bathroom was completely remodeled in 2019 with a new vanity, sink, tub, and tile. Three additional good-sized bedrooms complete this level.
The finished basement offers a flex space perfect for a recreation room, playroom, or home gym. Step outside to a fully fenced backyard where mature landscaping blooms in the spring with vibrant azaleas and lush ferns. A welcoming front porch, sidewalk-lined streets, and a garage complete the home's charm and functionality. System updates include a young AC unit (2023) and hot water heater (2024).
Residents love the active Manor Lake Civic Association, which hosts annual traditions including the Holiday Santa Visit, Turkey Trot, and block parties. The location is just minutes away to Flower Valley Bath & Racquet Club and Manor Country Club for swimming, tennis, and golf. Scenic trails around Lake Frank with a Manor Lake entry point provide the perfect opportunity for hiking, biking, and dog walks. Just down Norbeck rd, Rock Creek Village Shopping Center has a variety of dining options and convenient grocery shopping. Commuters will appreciate easy access to the Intercounty Connector (ICC) and the Metro's Red Line. Offering the perfect blend of charm, updates, and community, this Manor Lake home is truly a special place to call home.
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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%.
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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.
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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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About Aspen Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017