23100 RISON ROAD
About This Property
The Interior: Renovated & Ready: Fresh paint, modern lighting, and HG LVP flooring throughout.
Flexible Spaces: Two distinct living areas, including a lower-level family room with a brick propane fireplace.
Designer Baths: Fully updated with modern fixtures and vanities.
The Exterior & Bonus Features: The "Mega" Garage: 36' x 24' detached shop-ideal for car collections, workshops, or massive storage. Adventure Ready: Equipped with an RV hookup and generator-prep.
Outdoor Living: Fully fenced yard, storage shed, and a spacious rear deck. Located in one of St. Mary's County's most established neighborhoods near NAS Pax River and shopping. This is the "move-in ready" opportunity your buyers have been waiting for.
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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 California
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017