1509 CRITERION DRIVE
About This Property
The lower level of this home is equally impressive, offering a spacious basement with a large finished area including a large screen TV with surround sound Bose system that is perfect for entertaining, along with two sizable unfinished rooms currently used for storage-one with a workbench area. This area has tremendous potential & could easily be transformed into a home gym, playroom, guest suite, or anything else that suits your needs. The basement also features a walkout that leads to a private patio, ideal for outdoor enjoyment. Other features include: a Fiberon composite deck that is built to last, an irrigation system to keep your lawn hydrated, a painted garage with wall organizer & a professionally coated floor, tankless hot water heater, dual zone heating, the Architectural ROOF is only 5 years old with a 50 year warranty & the solar panel system is completely Owned!
Located in the sought-after Chapel Grove community, residents can enjoy access to a community pool, playground, & walking trails, promoting an active and social lifestyle. The home is conveniently located near the MARC train, Fort Meade, & a variety of shopping centers. Don't miss the opportunity to make this exceptional property your new 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.
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 Odenton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,300 /mo
- 4 Beds
- 3 Baths
- 2,000 ft²
$3,200 /mo
- 3 Beds
- 2 Baths
- 1,816 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017