19625 SELBY AVE
About This Property
Curb appeal abounds as this inviting property welcomes you with a new stone walkway, portico with seating and a freshly painted front door. Upon entering, the spacious two-story foyer teems with natural light and offers gleaming hardwood floors that run throughout the first floor. The spacious living room and formal dining room with picture windows, flow to the open concept recently updated kitchen/family room. Featuring a large center island as the ideal gathering spot, the eat-in kitchen offers granite countertops, stainless steel appliances and ample cabinet storage. The family room, with built-ins and a gas fireplace, connects to the wooden deck via sliding glass doors, allowing great flow between indoors and outdoors. The deck is an entertainer's dream with outside dining and lounging space, as well as a firepit and hot tub. More entertaining options extend to the expansive, flat private yard which is perfect for outdoor activities and offers a wireless fence for pets. The first floor continues to delight with a sunny office with french doors, powder room, laundry room, and adjoining extra large two-car garage.
Beautiful hardwood floors continue up the stairs to the second floor landing, leading to all bright, well-sized bedrooms. A generous owner's suite offers picture windows with views to the beautiful, private backyard, a large walk-in closet and wonderful, renovated double-vanity bathroom with soaking tub and shower. The second bedroom offers a large closet and ensuite bathroom. The third and fourth bedrooms share a Jack and Jill dual vanity bathroom with separate area for tub/shower and toilet. The lower level provides great additional space, including a huge recreation room, a mother-in-law suite with full bathroom, and two large storage rooms.
Numerous updates include new windows, new water heater and HVAC system. Located in Poolesville (home of the top-ranked Poolesville High School with renovation to be completed in late 2024), the property is ideally located near restaurants, shops, the elementary school, town square, and MARC Train station. Don't miss this amazing opportunity to call this fantastic property your new home!
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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