219 GLENRAE DR
About This Property
The lower level offers a spacious recreation room complete with a wet bar, creating an ideal space for relaxation and entertainment. Outside, you'll find a covered rear patio and a fenced-in yard, providing a private oasis for outdoor dining, gatherings, and serene relaxation. Located just minutes away from a variety of shopping, dining, and entertainment options, this home is perfectly positioned for convenient suburban living with a touch of urban accessibility. Commuting is effortless with quick access to I-695, I-70, and MD-40, making travel to nearby areas seamless.
The nearby Rockburn and Patapsco Valley State Parks, along with Cascade Falls, offer abundant opportunities for nature enthusiasts. Prominent venues such as the Lurman Woodland Theater, Benjamin Banneker Historical Park & Museum, and Merriweather Post Pavilion are also close by, providing endless options for entertainment. This exquisite home balances modern updates with the classic charm of a rancher, offering an unparalleled living experience in the sought-after Oak Springs community. Don't miss the opportunity to make this exceptional property your own. Contact us today to schedule a private showing and experience the refined charm and convenience of 219 Glenrae Dr.
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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