17205 BLOSSOM VIEW DRIVE
About This Property
The main level features an updated kitchen with a bright breakfast area that opens to a lovely screened porch/three-season room-perfect for relaxing or enjoying morning coffee. A cozy family room with a fireplace provides a warm gathering space, while the expansive living and dining rooms offer plenty of room for hosting. A convenient main-level laundry room adds everyday practicality.
Upstairs, the generous primary suite includes an ensuite bath, while four additional bedrooms and a shared hall bath provide room for everyone!
The finished lower level offers excellent additional living space and is ideal for extended stays or private guest accommodations. It includes a small kitchenette, full bath, and a separate area that could function as a bedroom, office, or recreation space.
Conveniently located near shopping, dining, parks, and major commuter routes, this Cherrywood home offers space, comfort, and an unbeatable Olney location.
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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 Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017