2425 HIDDEN VALLEY LANE
About This Property
The main level includes a welcoming foyer, a generous dining room with crown molding, and a stunning eat-in kitchen that opens to a sunlit family room with a fireplace with new glass doors, recessed lighting, and access to the new synthetic deck. The expansive chef's kitchen offers granite counters, stainless steel appliances, a new five burner Samsung gas range with a built-in griddle, subway tile backsplash, a wall pantry, an island with breakfast bar seating and an elongated farm style chandelier, and a bright breakfast room that flows seamlessly into the family room. The kitchen also provides direct access to the two-car garage. The main level is complete with a versatile oversized office or living room, a coat closet, and a powder room.
The upper level includes four well-proportioned bedrooms and two fully renovated bathrooms, including the primary suite. The primary bedroom features crown molding, a large walk-in closet, and a tucked away washer and dryer hookup. The primary bathroom includes a double sink marble vanity and a glass enclosed shower with a niche and built in bench.
The lower level offers a large walk-out recreation room with newly installed recessed lighting and brand-new carpeting, along with a renovated full bathroom and a spacious storage room. Sliding glass doors lead to the backyard and patio.
The exterior grounds feature established landscaping with flowering plantings and a private backyard that backs to woods, creating a picturesque setting. A newly installed pathway leads to the front entrance. Additional highlights include a two-car garage with keypad access. Enjoy outdoor living on an 11,050 square foot lot.
Residents enjoy close proximity to outdoor recreation, including West Fairland Local Park and Calverton Galway Local Park, both offering scenic green space and a variety of recreational options. The location provides excellent connectivity, with easy access to Route 29 and the Intercounty Connector (MD-200), allowing for convenient travel to Washington, DC, Baltimore, and surrounding areas. Nearby shopping, dining, and entertainment options are plentiful, with retail centers and everyday conveniences just minutes away.
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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 Fairland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017