1720 JASPER LANE
About This Property
Upstairs, reachable via newly carpeted stairs, you will find four spacious bedrooms with professionally cleaned carpets and two full baths, including a primary retreat complete with a generous walk-in closet. The lower level provides incredible versatility with a full bath, extensive storage, and a fifth bedroom featuring an egress window - perfect for a guest suite or home office. Additional features include natural gas heat, central A/C, a two-car garage, and a four-car driveway, plus HOA coverage for management, insurance, and recreation facilities.
Ideally situated for a fast settlement with an effortless commute to Washington, DC, Annapolis, and Fort Meade/NSA, along with quick access to local shopping and dining.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017