2037 MYRTLEWOOD ROAD
About This Property
This captivating detached house boasts a spacious open floor plan that's perfect for modern living. With expansive rooms, 4 generous bedrooms, and 3.5 baths, there's room for everyone to spread out and enjoy. Experience the freedom of an open space plan that seamlessly connects the living, dining, and kitchen areas, ideal for family gatherings and entertaining. Large windows flood the home with natural light, creating a warm and inviting atmosphere. Enjoy your private oasis in the master suite, complete with a luxurious en-suite bathroom. The huge lower level offers endless possibilities, from a recreation room to a home office, and there's room for adding even more value! Step outside to a lovely backyard that's perfect for relaxation and play. Whether you want to sip your morning coffee on the patio or let your kids run free, this outdoor space is a true retreat.
Nestled in a charming neighborhood, this home offers a serene escape from the hustle and bustle. Yet, you're just a short drive away from shopping, dining, and recreational options. Plus, easy access to major routes makes commuting a breeze. Don't miss the opportunity to make this house your forever home.
The Park at Mt. Washington is a residential community located in the Mt. Washington neighborhood of Baltimore, Maryland. The community is known for its picturesque surroundings, with lush greenery and well-maintained landscaping. It provides amenities like a swimming pool, fitness center, and playground for residents to enjoy. Additionally, Mt. Washington is known for its convenient location, providing easy access to shopping, dining, and transportation options in the Baltimore area.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017