2639 SHEPPERD RD
About This Property
The home is an entertainer's dream! The interior photos and floor plans say it all. Don't miss the incredible kitchen, expansive family room, 4 working fireplaces, and large screened porch. A recently added primary bedroom suite boasts a spa-like bathroom and walk-in closets. You can live comfortably on one level but the added surprise is an expansive lower level with a guest bedroom/bath, a living space, walk out basement and large versatile studio space (office, gym, yoga/art studio, you name it!). The home has nearly 6,000 sq. ft of finished space, with 4 bedrooms, 3 full baths and 2 half baths.
There are very few properties like this in Maryland and it is very hard to replicate the location and level of finish and design. As the home sits down a long lane, please no drive-bys. No sign on property.
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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