2261 MOUNT TABOR ROAD
About This Property
This 3-bedroom, 2-bath rancher sits on a wooded 1.2-acre lot with a fully fenced backyard and everything you need to enjoy the outdoors: an in-ground pool, cabana bar, basketball court, horseshoe pits, hammock space, and an oversized picnic table-perfect for crab feasts and gatherings.
Inside features a 400+ sq ft sunroom with brand new LVP flooring, an updated kitchen, new ceiling fans in most rooms, and French doors that open to a dining area with a clear view of the pool.
Other highlights include a two-car garage with built-in workbench and heater, separate storage shed, smart front door lock, and single-level living for everyday convenience.
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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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About Anne Arundel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017