1900 SNOWDROP LN
About This Property
The upper level hosts 4 bedrooms and 2 full baths, including the primary bedroom with an ensuite bath and plenty of closet space. The basement adds even more living space, with a bedroom, full bath, and a laundry area. This versatile space offers endless possibilities, whether you envision a home theater, in-law suite, exercise room, or any other use to suit your lifestyle. Outside, the property offers a large backyard with a patio, providing a perfect spot for outdoor gatherings and relaxation. You won't have to worry about parking with the carport and space for multiple cars on the driveway.
1900 Snowdrop Ln sits tucked into Layhill Gardens, with easy access to Wheaton-Glenmont metro, Bel Pre Park & Creek, Georgia Ave, Lidl and so much more. Don't miss the chance to make this versatile and updated property your own.
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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