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1753 BALDWIN DRIVE
About This Property
The original owners are ready to pass on this much-loved home along to owners who have their own ideas and a vision.
Set high on a hill and well back from the road, this rancher is in a parklike setting surrounded by mature trees and established landscaping. The neighborhood brings relief from the everyday routine, yet shopping, schools, medical centers and major commuter routes are all close at hand.
Once inside, the layout gives the rooms a comfortable sense of separation and privacy without feeling closed off. This is easy one-level living with comfortably sized rooms, large windows and a floor plan that feels both practical and welcoming. A vintage 60's stone fireplace warms up the family room/kitchen and makes it a natural gathering area for family and friends.
The two-car garage was converted into a fourth bedroom for an older relative. It could serve as a bedroom, flex room or be turned back into a garage. The screened porch and patio provide additional places to sip a cup of coffee, read a book, or host friends.
The full basement is a 2,459 square foot blank slate! What do YOU want?
There is a lot to appreciate here: space, privacy, character and a beautiful setting. With thoughtful updates and a new owner's personal touches, this well-loved home is ready for a makeover.
Roof (2022); Hybrid water heater with heat pump compressor unit (energy efficient); Solar panels (Power Purchase Agreement PPA).
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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