26832 HOWARD CHAPEL DRIVE
About This Property
Welcome to 26832 Howard Chapel Drive in Damascus, Maryland. How you doing? I'm Chris Thompson, and I'm about to take you on a tour of this amazing rambler - four bedrooms, two and a half bathrooms, beautiful kitchen, a pool, and a huge shop out back. Let's go take a look.
Now that we're on the inside, first thing you see is a beautiful wood-burning fireplace. Tons of windows on the front pouring in that natural light, hardwood floors throughout the entire main level, and this kitchen - it's beautiful.
This kitchen is huge - tons of cabinet space, stainless appliances, granite countertops, and a beautiful view out back. Finishing off the main level, you've got a great full bathroom here, bedroom one and two bedrooms on each side, master on this side facing the back, and it has its own private bathroom.
Down in this rec room, it is a huge, huge space. If you like to entertain or just hang out, this is a great space for you. There's a half bath down here and ample room to hang out and catch that-
Do you work from home or have a home office? This space would be perfect for you. It even has a wood-burning fireplace. The utility and laundry room is just over here to my right, and the fourth bedroom - right here.
As you enter the backyard onto your patio, there's a great gazebo here. It even already has shades. I don't know about you, but it's crab season - let's go grab some and have a feast.
Summer's heating up - and it's the perfect time to have your own personal pool in your backyard. It even has another gazebo right behind.
Mechanics, woodworkers, electricians, plumbers - really anybody self-employed would love this space. You've got extremely tall ceilings, two really big roller doors, electric all the way around, and there's a lofted space up top.
Pictures and Video taking Monday 6/9
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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