2020 OLD WILLOW WAY
About This Property
Inside, you'll find five generously sized bedrooms on the upper level, including a luxurious Primary Suite. This private retreat features a walk-in closet, a freshly painted en-suite bathroom with dual vanities, a soaking tub, a separate shower, and new carpeting, creating a serene space to unwind. The recently remodeled kitchen is a chef's dream, with crisp white cabinets, sleek granite countertops, new flooring, and modern fixtures that make it an inviting hub for cooking and entertaining. Updated bathrooms throughout the home showcase the care and attention poured into every detail by its long-time owner.
Step outside to a freshly stained deck that overlooks one of the most private backyards in the neighborhood. Nestled against a backdrop of trees, this space offers the perfect setting for outdoor relaxation or lively gatherings. The full basement, complete with its own bathroom, enhances the home's versatility, providing the option to create an in-law suite or a separate apartment area.
While part of the Crofton community's covenants, this home comes without additional HOA fees, allowing you to enjoy the benefits of the area without extra costs beyond standard property taxes.
The location is unmatched, with Crofton Woods Elementary just a short walk away and nearby bus stops for the middle and high schools. Its proximity to Route 450 and Route 50 ensures a quick commute to Washington, D.C., Baltimore, and Annapolis. Additionally, the nearby Waugh Chapel shopping centers and a variety of restaurants and shops make everyday errands and leisure outings a breeze.
With its thoughtful design, modern updates, and prime location, this home is ready to welcome its next owners. Don't miss the opportunity to make 2020 Old Willow Way your forever home-schedule a private tour today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017