2803 MANHATTAN AVENUE
About This Property
Inside, the main level offers a traditional yet functional layout with a welcoming living room, separate dining room, and a kitchen positioned toward the rear of the home. Just off the kitchen is a bright sunroom ideal for a home office, breakfast nook, or creative space. On the opposite side of the main level, you'll find an additional large sunroom filled with natural light-perfect as a den, playroom, or year-round lounge area. A full bathroom on the main level adds convenience and flexibility.
Upstairs features two comfortable bedrooms and a full bathroom, along with access to an attic that provides additional storage or future potential. The spacious lower level offers abundant storage, room for hobbies or a workshop, and includes a full-size laundry area with washer and dryer.
Located in a highly walkable Mount Washington location, this home offers easy access to Mount Washington Village and Whole Foods, along with its popular shops and dining options. Hampden is just 10 minutes away, downtown Baltimore is approximately 15 minutes, a nearby light rail station makes commuting simple, and Towson is only about 20 minutes away. This is a rare opportunity to own a detached home with exceptional outdoor space and garage parking in a sought-after Mount Washington setting.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017