205 BOONES DR
About This Property
Step outside to enjoy the custom sundeck and additional storage in the shed. Community amenities include a swimming pool, tennis and basketball courts, and two large tot lots, making it an ideal place for families.
Conveniently located near schools, parks, shopping, and restaurants, with easy access to Route 4-just 20 minutes from Annapolis and Andrews AFB, and 30 minutes to Washington, DC.
Notable upgrades: new windows installed 2 years ago, an HVAC system replaced 3 years ago, a water heater installed 4 years ago, flooring updated 3 years ago, and a roof with 30-year shingles installed about 12 years ago. This home is move-in ready and waiting for you!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Price Decreased |
$100,000
↓ $10K
(9.1%) | |
| Price Decreased | |||
| Nov 18, 2024 | Price Decreased |
$110,000
↓ $5K
(4.4%) | |
| Price Decreased | |||
| Oct 12, 2024 | Listed by RE/MAX One | $115,000 | |
| Listed by RE/MAX One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017