211 10TH ST
About This Property
The upper level includes three spacious bedrooms with high-quality carpeting in two bedrooms, and recessed lighting. The generously-sized primary bedroom offers ample comfort. One of the bedrooms is a versatile bedroom/office with high-end built-ins that can convert to a dresser. A portion of the desk slides off to accommodate a twin bed, offering flexible space for guests or hobbies. A sleek glass-enclosed shower highlights one of the tastefully updated bathrooms, enhancing the home's modern feel.
Natural light fills every room through large windows, complementing the neutral white and light gray color palette for a contemporary ambiance. Ceiling fans and recessed lighting provide comfort and practicality. Outside, a fully fenced backyard with a tree swing, a shed with opening windows perfect as a she-shed or workshop, and three parking spaces off the back alley add to the home's appeal. The property also has a free little library on the front corner, a favorite among neighbors.
This residence is conveniently located within walking distance of the Laurel Library, Main Street, Laurel Pool, and Riverfront Park. It's a quick drive to Laurel Town Center and Fort Meade. Recent updates include high-efficiency Marvin Integrity windows, a 98% efficient gas furnace, and whole-house central heating and air conditioning, making this home comfortable and energy-efficient year-round.
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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