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1717 WESTMINSTER WAY
About This Property
The main level features hardwood floors, an open-concept living, dining, and kitchen area, and a striking wood-burning brick fireplace as its centerpiece. A wraparound porch and expansive decking provide the perfect setting for morning coffee, outdoor dining, or simply enjoying the peaceful wooded landscape from every angle. Enhancing the home's modern livability is an upgraded audio/visual system featuring in-wall speakers throughout the interior and outdoor Sonos speakers, all conveniently controlled from a smartphone for effortless entertaining and everyday enjoyment.
The finished walkout lower level offers exceptional flexibility with space for additional bedrooms, a home office, recreation room, fitness area, or guest accommodations.
Outside, the backyard retreat is designed for entertaining and relaxation, featuring a pool, hot tub, and generous outdoor living spaces surrounded by mature trees and natural beauty. While thoughtfully maintained, the home also presents an incredible opportunity for its next owner to update and personalize the space, creating a truly one-of-a-kind retreat tailored to their vision. Pool and hot tub sold in "as is" condition.
Residents of The Downs enjoy an unparalleled waterfront lifestyle with access to a community marina, boat slips (subject to availability and application), swimming pool, tennis courts, kayak storage, clubhouse, and water privileges. Conveniently located just minutes from Downtown Annapolis, Baltimore, and Washington, D.C., this property combines architectural character, privacy, and endless potential in one of Annapolis' most desirable communities.
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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 Anne Arundel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017