1933 POPLAR RIDGE RD
About This Property
The simplicities of one-level living with beautiful hardwood floors throughout. Step inside the main foyer, connected to the sunken sitting room with views of the Bodkin. Wine & Dine in the formal dining room - a compliment to the large sun-lit kitchen with timeless appliances, beautiful green cabinets and granite countertops. Step down once again to the classic sunken living room, relax by the fire and observe the nature through sliding glass doors leading to the backyard. Retreat to one of three cozy bedrooms, a hall bath or owners suite bathroom.
Step out through sliding glass doors to the nature vista on the back-deck. Grill, entertain and sit by a bonfire on the lower patio. Store your overflow belongings in the oversized out-building. Perfect for animal enthusiasts, gardeners and outdoor hobbyists - this sprawling 2+ acre site features multiple sheds, a small vineyard, fruit trees and space to support all of your outside activities. A boundary survey has recently been completed and a fence permit from AA County is in hand and available to new owners. No flood insurance required.
If you are looking for quintessential Pasadena living, a beautiful home and estate surrounded by water and nature - look no further than 1933 Poplar Ridge Road. Room to Grow.
Location Features:
(Chesapeake High School District)
(0.6 Miles to Back Creek Marina)
(0.8 Miles to Rumor Reel Restaurant & Pleasure Cove Marina)
(1.3 Miles to Poplar Ridge Park)
(1.8 Miles to Bodkin Yacht Club)
(2.8 Miles to Compass Pointe Golf Courses)
(3.7 Miles to Fort Smallwood Park)
Recent Upgrades / Add-Ons:
(New HVAC - 2016)
(New Roof - 2016)
(New Septic Tank - 2017)
(New Windows - 2021)
(Boundary / Stake Survey - 2024)
(Fence Permit - 2024)
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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