1827 RIDGEWICK ROAD
About This Property
All that's left to do is bring your bags! This beautifully updated ranch-style home features 3 bedrooms and a full bath on the main level, with a spacious primary suite-including a private full bath-located in the lower level. The lower level offers flexibility and could easily be used as additional living space, a guest suite, or a private retreat.
Every major system has been updated for peace of mind: roof, siding, windows, doors, gutters, water heater, furnace, A/C, plumbing, attic insulation, and more.
Enjoy the outdoors with a fully fenced rear yard, surrounded by a white vinyl privacy fence. There's also a patio for entertaining and an extended driveway with fencing for added space and security.
Don't miss this truly turn-key home-schedule your showing today!
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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 Glen Burnie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017