16613 BETHAYRES ROAD
About This Property
The upper level offers a lovely Primary Bedroom with cathedral ceiling and fan, dressing area, walk-in closet and ensuite Bath. There are 3 additional nice-sized Bedrooms that share a Hall Bath. The spacious fully finished lower level with new carpeting has plenty of room for gaming, exercising and office space plus a bonus room (which can be used as a non-legal bedroom), a half bath plus ample storage space. Other great features include a newer heat pump and hot water heater, over-sized gutters with guards, plus the sought-after Candlewood Elementary school district! Step outside onto the incredible deck with a huge sun awning for a little piece of your own private paradise including a back yard with a lovely flower beds and space for a fire pit.
The Park Overlook community amenities include a swimming pool with clubhouse plus its adjacent to Blueberry Hill Park which offers baseball fields, basketball and tennis courts, new playground/tot-lot and gathering pavilion. Located on a quiet cul-de-sac approx. 1.5-miles to Shady Grove Metro with great commuter access to the ICC & 370/270 this wonderful home is just waiting for its next loving owner!
VIDEO TOUR AND FLOOR PLAN PICTURE TOUR AVAILABLE!
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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 Redland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017