1759 EBLING TRL
About This Property
Step through the brand-new sliding door onto the spacious, refinished deck overlooking a newly fenced-in backyard. In spring and summer, you will find yourself surrounded by lush trees, birdsong and the sounds of coastal living. As the leaves fall, enjoy seasonal water views of the Severn River from the back of the property. Additional features include a fully finished walk-out basement with ample storage, recreation room with wood burning fireplace, a bonus room, half bath and custom work bench. A covered, waterproof carport is located off the walk-out basement under the deck.
For the boating enthusiasts, the Severn River is practically at your doorstep. Just a two-minute walk down the road, a private mooring ball is located at Drevar Park and Beach which is suitable for a boat up to 20 feet -- making it easy to turn an afternoon on the water into part of your everyday lifestyle.
The Epping Forest lifestyle in Annapolis is amazing! Within a five-minute walk, enjoy access to the brand-new marina, two beaches, parks, tennis, pickleball and basketball courts, a kids camp, chapel with weekly service (10-minute walk), clubhouse with restaurant/bar and party rooms that are available to rent. The clubhouse hosts private gatherings and beloved neighborhood traditions such as the annual Oyster Roast, Fourth of July and Labor Day events. Spend summer days on the Severn, take a stroll down to your boat, head to the beach or simply relax on the deck. Epping Forest is a community to enjoy year-round. Only minutes to commuter routes and downtown Annapolis. Special tax district - the fee is included in the property tax bill.
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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%.
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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.
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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