1934 WOODED TRACE ROAD
About This Property
Sitting on almost an acre and set back from the road, the driveway leads up to a large parking pad suitable for multiple vehicles, an in ground Goalrilla basketball hoop and spacious front yard.
A classic wraparound covered porch welcomes you home and offers the perfect spot for morning coffee or hanging out on the included porch swing. At the back of the home, a screened porch and spacious deck offer plenty of room for entertaining.
Inside, hand-scraped hardwood flooring flows throughout the main level. Large windows provide plenty of natural light into the living and dining rooms. The kitchen offers an easy layout, with room for a table, and a large pantry giving plenty of storage capacity.
Upstairs, the large primary suite has a walk-in closet and en-suite bathroom. Two other well-sized bedrooms finish out the level along with a hallway bathroom.
The finished basement features a rec room/family room along with a separate room that flexes easily as a bedroom, home office, or gym. A sliding door provides access to a patio and another door provides access to a workshop attached to the home.
Ideally situated just outside of Chesapeake Beach, the home provides convenient access to Annapolis, Joint Base Andrews, Patuxent Naval Air Station and so much more. From the wraparound porch, attached workshop, screened porch, and spacious private lot this one has the space and the charm to truly become a standout home! Schedule your showing today!
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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