17942 HAZELCREST DR
About This Property
As you step inside, you'll be welcomed by a bright and airy living room, filled with natural light from large windows. The living room with newly laid natural red oak wood floor flows into the dining room and overlooks the lush backyard. The open layout seamlessly connects the dining area to the kitchen and a cozy family room.
The kitchen is a true highlight, showcasing elegant granite countertops, terracotta tile floor, ample cabinetry, stainless steel appliances, and plenty of storage. Adjacent to the kitchen, the generous family room is perfect for entertaining or unwinding. Newly replaced sliding glass doors open to a large wall-to-wall deck that overlooks a spacious, mostly flat, fenced backyard-ideal for family cookouts, summer gatherings and outdoor fun.
Upstairs, the primary bedroom offers a peaceful retreat with a roomy design, a large walk-in closet, and an en suite bathroom featuring upscale finishes. You'll also find three additional well-sized bedrooms and a newly updated hallway bathroom with stylish floor tiles and a generous vanity.
The fully finished, tiled walk-up lower level includes another bedroom, a full bathroom, a kitchenette with refrigerator, and its own washer dryer. Additionally, a spacious bonus room on the same level, formerly used as a gym room and extra storage.
Conveniently located near shopping, dining, and major commuter routes, you'll also be close to the upcoming North Pointe at Flower Hill-a new development with retail and dining options set to open by mid-2024. Enjoy easy access to Shady Grove Metro Station, I-270, ICC/200, and Shady Grove Medical Center. In terms of magnet schools, this house falls in the up-county magnet school consortium with Roberto Clemente Middle School and Poolesville High School. Don't miss this amazing opportunity to own a fantastic single-family home in Montgomery County!
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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