2 OXLEY SQUARE ROAD
About This Property
An additional finished area perfectly suits a home gym, yoga studio, or creative workspace. You'll also find a dedicated laundry area and ample storage. For added convenience, the one-car garage is located just off the kitchen and is connected to the home via a covered walkway, making unloading groceries or staying dry on rainy days a breeze. Major system upgrades-completed after 2021-include: gas furnace and central A/C, electric water heater, washer and dryer, electrical panel, sump pump with battery backup. All windows have been replaced between 2015 and 2022. Enjoy the many amenities of the Saybrooke community, including a pool, tennis courts, and playgrounds-all just minutes from Shady Grove Metro.
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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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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017