306 JOHN AVENUE
About This Property
Commuting is simple from this central location: just 0.4 mi to the Linthicum Light Rail Station, minutes to BWI Airport, NSA, and Northrop Grumman, plus quick highway access via I-95 and MD-295. Nature lovers will appreciate nearby Patapsco Valley State Park for hiking and biking trails. Easy proximity to Baltimore, Annapolis, and DC.
Nearby Amenities:
Coffee: Starbucks – 2.6 mi
Grocery: Food Lion– 1.7 mi
World's best crabcake: G&M Restaurant & Lounge – 1.4 mi
Park/Trail: Patapsco Valley State Park – 1.9 mi
Gym: Planet Fitness – 4.3 mi
Retail: Linthicum Shopping Center – 0.8 mi
Pharmacy: CVS Pharmacy – 1.7 mi
Library: Linthicum Community Library – 1 mi
Transit: Linthicum Light Rail Station – 1 mi
Schools: Linthicum Elementary – 0.9 mi | Lindale Middle – 1.6 mi | North County High – 2.5 mi
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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