331 KENT SQUARE ROAD
About This Property
Step into the stunning kitchen, where recent renovations have transformed it into a culinary haven. It features new white cabinets, quartz countertops, stainless steel appliances, and a spacious island perfect for dining and entertaining. Flowing seamlessly into the sizeable dining area, you'll appreciate the elegant wainscoting and a large bay window that offers picturesque views of the rear yard.
The inviting living/family room includes a newly renovated bathroom adorned with marble floors, a new vanity, and chic light fixtures. Upstairs, find three well-appointed bedrooms and two full baths. The expansive primary bedroom boasts a newly updated en suite bath and a walk-in closet, providing a private retreat.
Hardwood floors have been beautifully refinished on the main and upstairs levels, adding warmth and sophistication. The private backyard is fully fenced with artificial grass, a patio, and a shed, creating an ideal space for outdoor activities. The lower level features a bedroom/office and a newly renovated full bath. Enjoy cozy evenings in the recreation room with a working wood-burning fireplace with a shiplap surround. The laundry room, updated with a new washer and dryer in 2023, adds convenience to your daily routine.
Additional upgrades include a new roof and HVAC system installed in 2019. Enjoy the ease of two dedicated parking spots right outside your front door. Kentlands' neighborhood amenities include pools, tennis and basketball courts, parks, restaurants, shopping, and grocery stores. The location offers convenient access to I-270, the MARC Train, and Shady Grove Metro. It's the perfect home and location for those seeking both comfort and convenience.
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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 Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017