252 PENDELTON CT
About This Property
Located on a serene cul-de-sac, this home has been thoughtfully updated with fresh paint throughout, stylish new LVL flooring, plush carpet, updated electrical outlets and switches, new smoke detectors, and chic new chandeliers in the kitchen and dining areas. The kitchen shines with brand-new stainless steel appliances and recessed lighting. Modern comfort is ensured with a whole-house dehumidifier, a new HVAC system (2020) and water heater (2020).
Ideally situated near local shopping, the popular Rise Up Coffee, Bay Hills golf course, scenic hiking/ mt. biking trails, (new bike path currently under construction on College Parkway), and Anne Arundel Community College, this home offers both convenience and comfort. While the original bathrooms and kitchen countertops offer a nod to the home's history, they also present the perfect opportunity for future personalization, allowing you to make this home truly your own. Don't miss out on this fantastic opportunity to live in one of Arnold's most desirable neighborhoods!
**Please Note - The spelling of Pendelton is incorrect on the tax record. The correct spelling is Pendleton as noted on the record plat which can be found in the documents section.
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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 Arnold
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017