2912 COLLINS AVE
About This Property
Both bathrooms have been tastefully updated, reflecting contemporary finishes and fixtures. The home also includes a recently installed roof, a new HVAC system ensuring year-round comfort, and updated energy-efficient windows for added peace of mind.
Outdoors, you'll find a beautifully hardscaped, fully fenced backyard – an ideal space for relaxing or entertaining. Enjoy the large deck with a hot tub and pergola, offering a private oasis for unwinding after a long day. Additionally, there's a spacious storage shed providing ample space for all your tools and outdoor equipment.
Located just minutes from the Wheaton Metro Station, Westfield Mall, Costco, and a variety of restaurants, this home offers unparalleled convenience to shopping, dining, and transportation. Don't miss this incredible opportunity to own a meticulously cared-for home in the desirable Wheaton Hills neighborhood!
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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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About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017