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About This Property
Step into a piece of history with this beautifully updated 1800s Colonial Beach gem. Located on The Point, just two blocks from the Potomac River, this home combines historic charm with modern comforts.
Inside, enjoy luxury vinyl plank flooring throughout the main living areas, with ceramic tile in the kitchen and bathrooms. The kitchen has been thoughtfully renovated with new cabinets and countertops, stainless steel appliances perfect for cooking and entertaining. The main-level master suite features a walk-in closet and convenient main-level laundry.
Outside, the home boasts a new roof and windows, and a fabulous front porch ideal for enjoying river breezes and scenic views. A generous shed offers plenty of storage-or the perfect spot for a she-shed retreat.
Experience all that riverfront living has to offer in this bright and airy Colonial Beach home!
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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