2804 ERNA COURT
About This Property
This striking brick-front home is perfectly situated on a cul-de-sac offering a spacious, fenced backyard that backs to serene woods, creating a private outdoor retreat ideal for relaxing or entertaining. A two-car garage and inviting curb appeal set the tone as you arrive.
Inside, you're greeted by a dramatic two-story foyer with gleaming wood floors and an elegant sitting room, seamlessly flowing into a formal dining room-perfect for hosting gatherings. The heart of the home is the expansive kitchen, featuring granite countertops, a center island, and generous table space, all opening to a large family room anchored by a cozy gas fireplace. A convenient powder room and laundry/mudroom with direct access to the garage complete the main level.
Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite with a walk-in closet and a private en-suite bath. A full hall bath serves the additional bedrooms.
The fully finished lower level expands your living space with fresh paint and carpet, plus a full bath-ideal for guests, a home office, gym, or recreation area.
Chapman Farm offers a neighborhood setting with community green spaces, playground, tennis and pickleball courts, and walking paths. Located in the heart of Crofton, you'll enjoy easy access to shopping, dining, and everyday conveniences at Waugh Chapel Towne Centre and Crofton Village. Commuters will appreciate the central location with convenient routes to Annapolis, Baltimore, Washington, D.C., and Fort Meade. This home truly has it all-space, style, and an unbeatable location.
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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