2706 BARTLETT LANE
About This Property
From the moment you arrive, the charming front porch invites you to slow down and feel at home-perfect for morning coffee or unwinding at the end of the day. Inside, the home is filled with abundant natural light and enhanced by recessed lighting throughout, creating a bright and welcoming atmosphere. Neutral finishes and a warm, inviting layout make it ideal for both everyday living and entertaining. Generously sized bedrooms provide comfortable retreats, while the main living areas flow seamlessly for indoor gatherings.
Step outside to enjoy ample outdoor entertaining space on the expansive 0.34-acre lot-ideal for hosting, relaxing, or creating your own backyard oasis. Additional highlights include a private driveway, off-street parking, public water and sewer, and natural gas heating. Ideally located near Bowie Town Center with easy access to shopping, dining, grocery stores, and everyday conveniences, plus major commuter routes.
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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