19 THOMPSON STREET
About This Property
Throughout, you'll find 7" white oak hardwood floors, solid wood doors, custom millwork, designer lighting, high-end window treatments, and smart home upgrades like whole-house audio, low-voltage wiring, and remote thermostat access. The spacious primary suite includes custom built-ins, expanded closets, a luxurious spa-like bath with a freestanding tub and marble vanity, and a separate office or flex space-perfect for working from home, a nursery, or a quiet retreat.
Additional highlights include a finished basement with custom lockers and shiplap, a large yard with rear patio for seating / fire pit area, and a charming screened-in porch ideal for outdoor entertaining. The new solid mahogany front door opens onto a large front porch, offering the perfect spot for relaxing and enjoying the neighborhood. The exterior also includes an EV charging outlet, irrigation system, replaced roof and gutters and paver driveway. Located just steps from water access at the end of Thompson Street, walkable to downtown Annapolis shops and restaurants, this is a one-of-a-kind opportunity to own a truly exceptional property in one of the city's most desirable neighborhoods.
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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%.
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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 Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017