16404 DANFORTH COURT
About This Property
Welcome to this Exquisitely appointed Toll Brothers home in sought after Brooke Manor Estates. Sited on an exceptional lot on a quiet cul-de-sac, this Popular Elkins Model is truly a dream come true! The main level features hardwood floors throughout, a gorgeous 2 story entry foyer, main level library with built-ins, spacious living & dining rooms, bright & open gourmet kitchen and a SPECTACULAR 2 story family room with a floor-to-ceilng stone fireplace & rear staircase. There is also a powder room & laundry/mudroom on this level.
The upper level features a BEAUTIFUL owner's suite with a NEWLY RENOVATED Designer Bathroom w/ double sinks, tons of elegant storage cabinets, exquisite tile work and a curbless walk-in shower. There are 3 additional spacious bedrooms with ample closets and an additional bathroom.
The walk-out lower level is enormous and awaits your custom finishes!
Additional highlights include a 3 car garage, deck, 1/2 Acre Lot, Anderson Window and the list goes on!
Brooke Manor Estates Community features great amenities including a swimming pool, tennis, tot lots and great walking trails. Conveniently located in Montgomery County you are just a few minutes from the heart of Olney and the Inner County Connector.
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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 Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017