200 TIMBERWOOD AVE
About This Property
Rarely does an opportunity arise to own a corner lot featuring a stunning full brick Cape Cod, perfectly situated in the heart of Northwood Park! Meticulously renovated with careful attention to detail, this home exudes luxury with ceramic tiles in the bathrooms, contemporary vanities, and modern vinyl flooring throughout. The fully finished basement offers additional living space, while the top-of-the-line modern kitchen, complete with new cabinets, luxurious countertops, and appliances, is a culinary enthusiast's dream.
But the upgrades don't stop there! A new roof, brand new HVAC system, a larger garage with new roof, and an expanded driveway accommodating up to 4 cars provide both comfort and convenience. Step outside onto the inviting patio, ideal for outdoor gatherings or simply unwinding after a busy day.
Location is key, and this home offers unbeatable access to major highways including US-29, I-495, and I-95, ensuring stress-free commuting. Enjoy the convenience of walking to nearby amenities such as Safeway, Woodmoor Shopping Center, Forest Glen Metro, and Downtown Silver Spring. Indulge in culinary delights at Woodmont Bakery, Santucci's, Starbucks, Chipotle, and CVS, all just a stone's throw away. With Trader Joe's and Northwest Branch Park in close proximity, outdoor adventures and errands are easily accessible.
Four Corners, situated in Montgomery County, is renowned for its quality of life, boasting a sparse suburban feel and highly-rated public schools. Whether you're enjoying one of the many parks or engaging with the vibrant community, Four Corners offers a lifestyle that's hard to beat. Opportunities like this don't come around often; seize the chance to make this your dream home today! Contact the listing agent for more information and access details before it's gone!
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017