2318 NANTUCKET DR
About This Property
The lower level impresses with a spacious recreation room featuring a built-in bar, a bonus room, and convenient laundry and storage space with walkout stairs to the backyard. Outside, the paver stone patio with a pergola overlooks the fenced backyard adorned with perennial landscaping, providing a serene backdrop for outdoor gatherings and relaxation. Community amenities abound, including two pools, walking paths, playgrounds, and sports courts, while the community's no-through traffic and proximity to schools add to its appeal. Explore the nearby shops, restaurants, and cafes within Waugh Chapel Town Centre, The Village at Waugh Chapel, and Crofton Village Shopping Center. Close to DC, Baltimore, Airports, Annapolis, Naval Academy, Ft. Meade, and major commuter routes. Experience the best of Crofton living in this impeccable home. Property Updates: Luxury vinyl plank flooring, kitchen appliances, some ceiling fan installs, venting fans in attic, primary bath renovation, plantation shutters, windows, hardwood flooring, roof, recessed lighting, and more!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017