1918 PAGEBROOK ROAD
About This Property
Step inside to find a bright, open main level with hardwood floors and a seamless flow between the living and dining areas. Freshly updated with new countertops and flooring in the kitchen, and fresh paint throughout. The heart of the home is the sun-drenched wood-paneled sunroom-ideal for an office space with its built-in shelves, a hobby space, playroom, or simply a quiet place to enjoy and relax. The main level also includes a large bedroom with en suite bathroom, perfect as either a primary bedroom or guest suite.
Upstairs, you'll find two generously sized bedrooms and another full bathroom, including a primary bedroom with a HUGE walk-in closet--it's truly a room all its own! The lower level adds even more functionality with a versatile rec room, a convenient half bath, and a large utility room featuring ample storage, laundry area, and a work bench-ideal for hobbies, projects, or extra organizational space.
Step outside to enjoy a large, private backyard-perfect for gardening, play, or outdoor entertaining. The spacious deck has just been freshly stained, offering the ideal setting for summer cookouts or quiet evenings under the trees.
Additional recent updates include a new AC and furnace and gutter guards in 2024 and solar panels in 2022 ensuring comfort and low-maintenance living.
Located in a quiet, verdant neighborhood, the home is convenient to the University of Maryland, FDA, I-495 and I-95, Hillandale Shopping Center, and a variety of local restaurants. You're also just minutes from the Hillandale Swim and Tennis Club and newly redone Hillandale Park.
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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