1718 QUANTICO ROAD
About This Property
Main Level: Step inside to an open floor plan. The spacious living room features a gas fireplace (gas line in place, just add propane), while large windows invite natural light throughout. The country-style kitchen is equipped with white appliances, island, and pantry. A half bath and washer/dryer are nearby, and a lovely veranda out front is perfect for relaxing among mature shrubs and blooming roses. Screened porch overlooks the yard enclosed with a wood, privacy fence which is ideal for pets, children and entertaining.
Upper Level: Freshly painted, the upper level offers two bedrooms and a renovated full bath. Extra side storage space is always welcome.
Lower Level: With its own private entrance, this partially above-ground level offers a 600 sq. ft. suite complete with bedroom, full bath, kitchen, new LVP flooring, and plenty of natural light; perfect for multigenerational living or guests.
Key Features: Architectural Roof (2024); Self-cleaning electric hot water heater; Serviced by well & public sewer; Water conditioning system; Fresh paint-upper and main levels; Driveway-parking for two vehicles; Thoughtful landscaping and privacy fencing; Double Shed & Storage under screened porch.
Community Amenities: Enjoy water access to five community beaches, each with docking facilities, three boat ramps, and a community clubhouse. All homes in Woodland Beach are part of the London Towne Property Owners' Association; the $160 annual fee is included in property taxes and supports beach and community upkeep.
Prime Location: Convenient access to Route 2, shopping, medical centers, and major commuter routes. Check with Anne Arundel County Public Schools for school assignments.
Note: Property is being sold as-is.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017