2355 BEAR DEN RD
About This Property
Community amenities include a club house just 2 blocks away featuring areas to lounge and entertain, a gym, Gameroom, locker rooms, library, adult pool, kids pool, lap pool, tennis courts, putting green and many organized activities. Stroll to the Worman's Mill Town Center just 1 block away for indoor and outdoor dining at local restaurants, convenience store, bakery, shops, a town square park with outdoor weekend summer concerts and food trucks. Also, just a short stroll to access 2 miles of paved nature trails thru an award-winning on-site nature preserve with bird watching plus community access to a Kayak launch on the Monocacy. This home is in mint condition with impeccable maintenance and move-in ready.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017