206 GIDDINGS AVE
About This Property
Step inside to discover a seamless flow of elegance, with recently refinished hardwood floors throughout all three levels. The heart of the house, a gourmet kitchen, beckons with its recent renovation showcasing quartz countertops on the island and honed granite countertops. Stainless steel appliances, a beverage fridge, and ample storage make this space as functional as it is beautiful. Adjacent, the breakfast area and family room create an inviting atmosphere for gatherings, while a large, screened porch by John Pilli offers a serene retreat, overlooking the sprawling backyard oasis with a flat grassy area and paver patio, backing to coveted green space.
The main level is thoughtfully designed, featuring formal living and dining rooms, a powder room, laundry room, and a convenient 2-car garage. Ascend the staircase to find four bedrooms, including the expansive primary suite complete with a sitting room, coffered ceilings, and a generous walk-in closet. Another en-suite bedroom with a walk-in closet and two additional bedrooms sharing a hall bath offer versatility and comfort.
Descend to the lower level, where high ceilings and abundant natural light welcome you to a world of possibilities. A fifth bedroom, bathed in light, awaits to serve as a gym, yoga studio, or serene retreat with a walk-out door to the backyard. An office and rec room provide space for work and play, while a wine room tucked under the stairs adds a touch of sophistication to your entertaining endeavors.
Outside your door lies the charming village of West Annapolis, renowned for its sense of community and convenient proximity to West Annapolis Elementary, Downtown Annapolis, local shops, and restaurants. With easy access to Route 50 and Navy Stadium, the best of Annapolis living is at your fingertips.
Experience the epitome of luxury living in West Annapolis at 206 Giddings-where every detail is designed to elevate your lifestyle.
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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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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017