2321 HICKORY ROAD
About This Property
Custom moldings, rounded walls, Anderson windows/doors, and designer finishes make this home truly one of a kind. With more than 4,800 total sq ft. (estimated), the main level features two bedrooms, two full baths, one of two laundry sets, and an inviting family room anchored by a cozy fireplace with a stone mantel. Gorgeous hardwood floors flow seamlessly into the gourmet kitchen and dining area. Just beyond, a screened porch overlooking mature trees provides a private setting for morning coffee or relaxed evenings surrounded by nature. The outdoor deck and balcony create warm, open spaces for everyday living and entertaining.
The lower level lives like its own private retreat, complete with a bedroom, dining area, full bath, kitchenette, spacious family room, and second laundry set. With a private entrance and covered porch with tranquil tree views, this level is ideal for guests, extended family, or flexible living arrangements.
The upper level has been framed for additional rooms and a future bathroom, offering an exciting opportunity to finish the space and add value while tailoring it to your needs.
Outdoor living is just as inviting with a welcoming front porch, a deck for gatherings, a side yard with a fire pit, and beautiful stone walkways that lead through the gardens to the two-car attached garage.
Located in the water-access community of Severn Grove, residents enjoy a community pier and clubhouse, perfect for crabbing, boating, and embracing life on the water. The waterfront Severn Grove Community Clubhouse is just down the street and is located at 2201 Severn Grv Clb Rd, Annapolis, MD 21401. Experience the perfect blend of nature, comfort, and craftsmanship in this thoughtfully designed 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.
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About Parole
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017