17883 SUGARBERRY ROAD
About This Property
Potomac Shores is the place to be. The words "grand" and "larger than life" always come to mind when you enter this premiere riverfront oasis only 30 miles from Washington DC, and minutes from I-95 and express lanes. Quick commutes leave you more time to enjoy what feels like resort-style living. Schools, sports fields, Jack Nicklaus Signature Golf Course, parks, trails, two outdoor pools, and a 13,000 sq ft rec and social center, plus demand will only go up once the VRE Station opens. This home's premium lot sits on the corner of one of the most prized streets, near the main entrance of the community. Just add a sweet tea in the summer, or your favorite drink any evening to sip on the front porch in a rocking chair. This porch is why these owners bought the 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.
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About Cherry Hill
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$3,600 /mo
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$3,600 /mo
- 4 Beds
- 4 Baths
- 2,674 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017