2006 OLD WILLOW WAY
About This Property
Double-pane Anderson windows and doors, custom lighting and ceiling fans, 2 HVAC systems with three zone heat (natural gas & heat pump complete with w/electronic air cleaners, programmable thermostats). An open floor concept with gleaming hardwood floors, custom gourmet kitchen (5-burner gas cooktop, 2 electric double wall ovens, and 2 pantries). Walk outside to an outdoor oasis surrounded by a 6 foot vinyl fence, decks (covered & uncovered), hot tub, paver patio, and storage shed.
This location has great proximity to schools, located 4 houses from Crofton Middle and High School bus stops, and a 3-block walk to Crofton Woods Elementary. Easy commuting access with the convenience to major highways; close to Annapolis, DC, and Baltimore! A premier residence in Crofton awaits you!
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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%.
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