209 MANSION RD
About This Property
The primary bedroom has an ensuite bath and built in wall storage. All bedrooms have generous closet space and ceiling fans. Full bathroom on the upstairs hallway.
The basement is finished with a tile floor and walks out to the fenced backyard. The washer and dryer are located in the utility room that provides extra storage space. Driveway parking for two cars and attached garage parking for one car.
This one is perfect for the commuter. Located 3 blocks from light rail that goes downtown to the Harbor and Stadiums. Easy access to BWI, 95, retail and restaurants. Overlook Park minutes away with dog park and spectacular Baltimore City views
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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