18 SEVERN RIVER RD
About This Property
Property Highlights:
Vaulted Great Room: Step into the heart of the home - a breathtaking vaulted great room that will leave you in awe.
Entertainer's Dream: The great room features a custom bar (conveys), a cozy fireplace, raw-cut wood beams that add rustic charm, and an abundance of natural light.
Contemporary Elegance: This home is a showcase of contemporary elegance, with high-end finishes that leave no detail untouched.
Low Maintenance: The exterior has been thoughtfully designed with low-to-no maintenance materials, allowing you to savor your coastal lifestyle without the burden of extensive upkeep. Manufacturers Warranties on building materials (shingles, siding etc.)
Outdoor Oasis: Situated on an oversized flat lot, this property boasts lush, mature landscaping and even includes a charming chicken coop. Parking is a breeze with a spacious 2-car garage and room for up to 6 vehicles.
Multiple Fireplaces: In addition to the great room's fireplace, this home offers two more fireplaces, creating inviting spaces throughout for relaxation and enjoyment.
Open Concept: The open-concept design seamlessly connects living spaces, making it ideal for hosting gatherings, whether they are grand soirees or intimate family moments.
Luxurious Master Suite: Private retreat awaits in the Primary 27x19' suite, complete with its own fireplace, a generous walk-in closet, and a spa-like bathroom that exudes tranquility. Two custom armoires convey.
Lovely Secondary Suite – Large 18'x15' enjoys excellent natural lighting and a lovely private bath.
Acclaimed Schools: Award-winning school district, excellent private school, and secondary school options.
Culinary Dream: The kitchen boasts quartzite countertops, stainless steel appliances, custom cabinets with tons of storage, dual pantries with rustic doors offer additional storage, banquet seating for ten (custom table conveys), and high-end lighting.
Convenient Location: The nearby bike path offers easy access to downtown restaurants and shopping, allowing you to explore the vibrant local scene with ease. Only 6 miles to Annapolis, 15 to Baltimore, and 25 to DC.
Schedule your private tour today to experience the lifestyle that comes with this exceptional coastal retreat. Your dream home is here, waiting for you to make it your own. Experience the magic of coastal living in this extraordinary property.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017