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1604 ORIOLE ROAD
About This Property
The home offers a comfortable and functional layout with hardwood floors, a fireplace, and inviting living spaces suited for everyday living and entertaining. Enjoy the outdoor space with a deck and fenced backyard, ideal for relaxing or hosting.
Embrace the Chesapeake Bay lifestyle-bring your water toys and walk to neighborhood beaches and community docks. Conveniently located with easy access to Annapolis, major routes to DC & Baltimore, and local amenities.
A great opportunity to own an updated home in a desirable Edgewater location and school district. Schedule your showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017