311 DEWEY DR
About This Property
This extraordinary residence has undergone a major renovation, including a complete demo to the studs and a stunning expansion that now offers 2,400 sq ft of above-grade living space, complemented by a fully finished 930 sq ft basement.
Step inside to discover an open floor plan on the first floor, designed for effortless entertaining and comfortable living. Greeted by a chef's kitchen is equipped with high-end GE Cafe appliances, overside island with quartz countertops and beautiful white shaker cabinetry. perfect for culinary enthusiasts.
The massive master bedroom is a true retreat, featuring generous closets, soaring high ceilings, and a spa-like bathroom with elegant marble tiles and a 72-inch vanity.
Every detail has been meticulously attended to with brand-new insulation, wiring, plumbing, ductwork, HVAC, roof, and windows, ensuring modern efficiency and comfort all inspected by the city of Annapolis.
Enjoy the tranquility of a premier lot that adjoins a serene nature preserve, providing privacy with no neighbors behind. The property offers direct water access, ideal for launching a kayak or paddleboard. Plus, 2 blocks from Navy Stadium and the community pool.
Don't miss your chance to own this exceptional home with unparalleled features and a prime 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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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017