17519 HIDDEN GARDEN LANE
About This Property
The heart of the home is a true gourmet kitchen boasting rich cherry cabinetry, quartz countertops, and an oversized center island-perfect for entertaining. The upper level offers ultimate convenience with a dedicated laundry room and a private guest suite with an ensuite bath.
The fully finished walk-up basement provides incredible versatility, featuring a 5th bedroom, full bath, and a dedicated media or fitness room. The exterior is just as impressive and meticulously maintained with professional landscaping and the exterior repainted just 2 years ago.
The community features tranquil, tree-lined streets with easy access to local paths, boutique shopping, and dining in nearby Ashton and Olney. Plus, it is an ideal location for commuters, positioned just minutes from highly rated local schools and offering incredibly convenient access to the Tech Corridor, Washington D.C., and Baltimore.
For added peace of mind, the seller is offering a $1,000 credit toward a home warranty of the buyer's choice.
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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