2301 DENNIS AVE
About This Property
The main level unveils a newer kitchen, with ample cabinet space. The open living room, crowned by a charismatic brick fireplace, beckons relaxation and intimate gatherings. A separate dining room, adorned with skylights, bathes the space in natural light, creating an enchanting ambiance.
The primary bedroom impresses with a spacious walk-in closet, flanked by two additional bedrooms and another full bathroom. Descend to the lower level, where possibilities abound-a vast open family/game room awaits, accompanied by three bonus rooms that eagerly await personal touches. A convenient kitchenette adds flair to the lower level, and the inclusion of space for a washer and dryer enhances practicality.
Strategically situated, revel in the proximity to public transportation, with buses and the Wheaton Metro Station at your doorstep. Navigate effortlessly with easy access to local roads like Veirs Mills Road and Georgia Ave, as well as highways like I-495. Immerse yourself in a vibrant lifestyle, surrounded by shopping centers, the illustrious Westfield Wheaton Mall, AMC Theaters, and the charm of a local farmers market. Nature enthusiasts will appreciate the nearby Sligo Creek Park, while an array of dining options completes the tapestry of this gem.
Opportunity awaits in every corner-transform this canvas into your dream home, where modern living meets the allure of Silver Spring's rich tapestry.
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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 Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017