2001 GLENALLAN AVE
About This Property
Features a large premier suite upstairs with a spacious walk-in closet, and a beautiful in-suite bath with modern finishes. The basement contains a spacious bonus room/office and a full bathroom, along with a wet bar w/granite countertops and wine cooler. The fully fenced backyard allows for plenty of privacy and space to play, to entertain or relax - a must for pets. The backyard also features an outdoor bar with a granite top + built-in grill w/a pizza oven. Perfect location for hosting gatherings this summer and fall.
This home is situated on a quiet corner lot with 2 driveways, a one-car detached garage and is just a short drive to Wheaton Mall, Downtown Silver Spring and is just 2 miles from I-495. With more than 2,000 sq. ft. of stylish finishes, this home is a must see! The roof, HVAC, hot water heater and windows were recently upgraded. Montgomery County Public Schools. Welcome Home!
***LIMITED WEEKDAY SHOWING TIMES DUE TO OWNERS MOVING OUT***
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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%.
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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 Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017