2202 ARDEN DRIVE
About This Property
Step inside to a bright and open layout with luxury vinyl plank flooring throughout. The stunning gourmet eat-in kitchen is the centerpiece of the main level-featuring 42-inch white shaker cabinets, stainless steel appliances, quartz countertops, a large accent center island with ample seating, subway tile backsplash, custom lighting, and a walk-in pantry. The kitchen flows into a spacious family room, creating an ideal setup for entertaining or relaxing at home.
Down the hall, you'll find a convenient laundry closet, a bonus flex space with sliders to the rear deck, four spacious bedrooms, and two beautifully updated full baths. The primary suite features a walk-in shower with modern tile and sleek finishes, while the hall bath has been tastefully redesigned.
The finished lower level offers a ton of additional living space, including a huge rec room, game area, fitness room, and a utility/storage area.
Outside, enjoy the privacy of a fenced backyard with a deck, patio, shed, and garden area-plus a 2-car attached garage and multiple driveways/ parking pads for plenty of off-street parking. All of this is located in a quiet corner of one of Harford County's most desirable zip codes, with easy access to shopping, dining, and major commuter routes like I-95, Route 1, and Route 152.
This one checks all the boxes-updated, spacious, and move-in ready. Don't miss your chance to call this 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017