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17818 AUBURN VILLAGE DRIVE
About This Property
Sandy Spring Stunner! Nestled in a rarely available neighborhood, this exceptional home offers 9-foot ceilings throughout, gleaming hardwood floors on the main level, and fresh paint with brand-new carpeting. The thoughtfully designed main level features a private office, a convenient mudroom, and a spacious family room with a bright and airy bump-out addition. The well-appointed kitchen boasts an island, ample cabinetry, and plenty of storage.
Upstairs, the expansive owner's suite is a true retreat, complete with a custom bath, walk-in closet, built-in cabinetry, and a sunlit bump-out addition. Three additional large bedrooms and an upper-level laundry room add to the home's appeal. The fully finished lower level offers multiple rooms, a full bath, a cozy family room, and extra storage space in the bump-out area.
With generous living spaces and thoughtful details throughout, this home is a rare gem in a sought-after location-truly a lovely place to call home!
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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