2997 SOUTHAVEN DR
About This Property
The open-concept kitchen flows effortlessly into a bright and inviting family room, where a beamed ceiling and grand fireplace with a chic shiplap surround create the ideal gathering space. The adjacent formal dining room connects seamlessly to both the kitchen and family room, perfect for hosting and entertaining. A convenient main-level bedroom and full bathroom offer flexibility for guests or additional living space. Upstairs, a gorgeous bonus room with vaulted, beamed ceilings overlooks the lower level and can serve as a recreation area, home office, or cozy retreat-whatever suits your lifestyle. The upper level is also home to the spacious primary suite, complete with a large walk-in closet and a fully renovated ensuite bathroom featuring double vanity sinks, stylish sconces, and a walk-in shower with a frameless glass door and stunning tile work. Two additional well-sized bedrooms, another beautifully updated full bathroom, and a dedicated laundry room round out the upper floor. This home is as impressive outside as it is in, with a new roof, windows, gutters, siding, deck, front door, sliding doors, and garage doors. Updated landscaping, new walkways, and modern exterior light fixtures enhance the curb appeal, while a brand-new HVAC system ensures year-round comfort. Inside, every detail has been considered: fresh paint, new door hardware, designer light fixtures, a farmhouse sink, and shiplap accents bring it all together. Located just minutes from downtown Annapolis, with easy access to shopping, dining, and major routes like Rt. 50 and 97, this home offers the perfect combination of privacy and convenience. Don't let this incredible Annapolis gem slip away!
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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%.
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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