2416 HOMESTEAD DR
About This Property
This beautifully renovated and redesigned open concept floor plan home features an updated gourmet kitchen with all new stainless steel appliances and quartz countertops. Trendy baths with double sinks! Added primary bedroom with primary bathroom and lots of closet space. NEW luxury vinyl plank floors, new kitchen, new bathrooms, new appliances, energy rated windows, new plumbing, new light fixtures, new interior doors, new stainless steel washer and dryer and upgraded electrical. New huge fully finished lower level. NEW, NEW, NEW! and LOCATION, LOCATION, LOCATION! Conveniently located close to the 495, hospital and walking distance to the metro. This property ensures easy access to essential amenities and a stress-free commute. This sensational 5 BR 3 BA home boasts over 2100 sq. ft of total finished space and has a fully fenced beautifully landscaped backyard. Move in Ready! MUST SEE! Will go on the market on 10/03/2024. Don't wait, schedule your showing today!
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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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About Wheaton - Glenmont
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$4,999 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017