309 BEACH DR
About This Property
The master suite is your private retreat, boasting a large closet and an elegant en-suite bath with a walk-in shower. 🚿 The finished basement offers even more space, perfect for a second family room with a mini bar, a home theater for movie nights, a playroom for the kids, or your personal home gym-plus, an additional bedroom for guests! 🎥🏋️♂️
Hillsmere Estates offers an enviable lifestyle with access to two beachfront playgrounds, private beaches, a boat ramp, canoe/kayak storage, boat slips, beach pavilions, volleyball courts, and a community pool-all just moments away. 🌊🏖️ This vibrant and welcoming neighborhood is where neighbors become friends, and there's always something happening. Embrace a lifestyle of comfort, elegance, and community.
Located conveniently close to the stunning Quiet Waters Park, the public library, shopping, restaurants, downtown Historic Annapolis, City Dock, and the United States Naval Academy, this home is in the perfect spot. 📍 With brand-new flooring, carpet, and paint, this home is move-in ready and waiting for you! Plus, it's being sanitized regularly for your peace of mind. 🧼 Don't miss out-schedule your showing today! 📅
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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 Hillsmere Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017