1903 COOL SPRING DRIVE
About This Property
The main level of the home features the kitchen, dining room and living room including a wood-burning fireplace for those cozy evenings at home. On the lower level is a spacious, carpeted recreation room, laundry room, and an updated half bath. The first upper level consists of 3 bedrooms, all with refinished hardwood floors, and an updated full bath. Upper Level 2 is the large primary bedroom and en-suite full bath for the ultimate in privacy. A third upper level is the roomy attic, which could easily be finished off as an office, hobby room, or whatever your needs require.
All this is located in a wonderful neighborhood surrounded by parks, shopping, dining, good schools, and the banks of the Potmac River nearby. Welcome Home!
Contracts if any due Monday at 3pm. Seller reserves the right to accept a great one anytime.
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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