1624 NORDIC HILL CIR
About This Property
Upon entering, you'll be greeted by a living room featuring a cozy fireplace-perfect for relaxing or entertaining. The vaulted ceiling gives a sense of openness throughout the home. The layout flows to a dining space with hardwood floors and continues to a spacious kitchen with room for a table. You can access the attached 2 car garage from the kitchen. The main level also holds a powder room as well as a main level primary suite. French doors open to a spacious deck, offering a tranquil setting for outdoor dining and relaxation. The primary bathroom has a double vanity with amazing storage, a soaking tub and shower. Not to be forgotten, a dressing area with a sliding door closet directly across from a walk- in closet.
Upstairs you will find a small landing area at the top of the steps. With the vaulted ceiling you can see down to the main level. There are 2 bedrooms with a full hall bathroom.
The finished lower level has additional living space with a walkout to the backyard as well as a 4th bedroom and a full bathroom. There is laundry and ample storage.
With a two-car garage and a prime location close to the Metro, public transportation, parks, trails and so much more! The Tivoli community is located on 11 acres of open space as well as natural wooded parkland. This home combines convenience, charm, and superb condition.
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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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About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017