1509 WEST ST
About This Property
Beautiful 3-bedroom colonial home -- PLUS STUDIO APARTMENT -- is freshly painted on the inside, boasting original hardwood floors, a large kitchen with granite countertops/stainless steel appliances, 3 bedrooms, 2.5 baths (one with the original cast iron tub!), and a rear deck with retractable awning. Also includes a detached garage with a 580 sq ft. furnished studio apartment (couch, table, desk, queen-size bed) with hardwood floors in the Homewood Area of Annapolis right near the Annapolis Library. Unfinished basement is waterproofed by Adamos Masonry and offers ample storage. Parking for 8 cars (including 2 boat trailers on each side of the garage). Perfect setup for a home office in the studio or use it for guests, etc. Just minutes from Downtown Annapolis!
**Home Warranty Included**
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Annapolis
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 2 Beds
- 2 Baths
- 844 ft²
$2,900 /mo
- 2 Beds
- 1 Bath
- 760 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017