2621 TERRAPIN ROAD
About This Property
Charming and well-located home! Designed for convenience and comfort, this spacious one-level layout offers everything you need without the hassle of stairs. Enjoy a bright, airy living room with beautiful wood floors, an eat-in kitchen perfect for casual dining, three generous bedrooms, and two full bathrooms.
The fully fenced backyard and large patio create the ideal setting for outdoor relaxation, pets, or gardening - all on a level lot that's easy to enjoy and maintain.
Location is everything, and here, you're just a short 5-minute walk (3 blocks!) to the Glenmont Metro Station, connecting you to downtown DC in about 30 minutes. You'll love being close to Brookside Gardens, trails, the Mid-County Community Center, shopping at Wheaton Mall and Costco, and everyday conveniences like Lidl, Stained Glass Pub, Starbucks and Panera. Major hospitals and easy access to the Beltway round out the unbeatable lifestyle.
Whether you're looking for your first home, downsizing, looking for a great rental property investment or just craving a simpler life, this is the perfect place to call 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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017