1889 RUTLEDGE COURT
About This Property
The heart of the home is the open-concept kitchen and living space, completely transformed in 2022 when walls came down and an entirely new kitchen was installed - custom cabinetry, all new appliances, and an induction stove top (gas line still in place). Beautiful hardwood floors flow throughout the main level, creating a warm, cohesive feel that's perfect for entertaining or simply gathering with family. Fresh paint, updated hardware, and new lighting throughout give the home a bright, modern feel.
Upstairs you'll find 3 spacious bedrooms, all with gorgeous hardwood floors, including a beautifully remodeled primary closet (2024) and two full baths. The lower level is a true bonus - featuring a family room, full bath, fourth bedroom, and a dedicated laundry room - ideal for guests, a home office, or whatever suits your lifestyle. Big-ticket systems are all taken care of - all new windows (2024) and a full HVAC replacement in 2024 (A/C, gas furnace, and water heater) mean worry-free living for years to come.
Step outside to your private backyard retreat with a gorgeous paver patio and stairs (2020), a fenced yard (2019), and fresh landscaping - the perfect place to unwind after a long day.
Location? It doesn't get better. Minutes from Arundel Mills Mall, a wide variety of restaurants, Fort Meade, BWI Airport, and all major commuter routes. Whether you're heading to work or heading out for the night, you're right where you need to be.
Come see for yourself - this one won't last long!
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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