15407 BAUER LN
About This Property
The main level features a spacious living area with newer flooring and abundant natural light through the newer windows. The kitchen boasts stainless steel appliances, providing a sleek and functional cooking space. Additionally, a main floor bedroom benefits from new carpeting, creating a cozy retreat. Two of the five bedrooms are conveniently located on the lower level, offering privacy and flexibility. This level also features a full bathroom and a kitchenette, providing a great space for extended family or guests. With its walk-out access, this lower level perfectly blends indoor and outdoor living.
This home offers several recent updates, including newer roof, HVAC, and lighting fixtures. The expansive yard provides ample space for outdoor activities and can accommodate more than 10 cars, making it convenient for hosting gatherings. Consider exploring the possibility of constructing an accessible dwelling unit, as neighboring properties in the area have already done so. We recommend reaching out to the county to inquire about the feasibility of implementing a similar accommodation if you wish. Conveniently situated just moments away from Burtonsville, Silver Spring, I-95, and the ICC (200), this location ensures easy access to shopping, dining, parks, and commuting routes. Whether you're looking for a peaceful retreat or a well-connected home, this property offers the best of both worlds.
Don't miss out on this incredible opportunity to own a gorgeous home in a sought-after location. Contact us today to schedule a viewing and make this house your dream home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017