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3466 HIGHGROVE DRIVE
About This Property
From the moment you enter, you will notice the attention to detail and pride of ownership throughout. The main level features hardwood floors flowing throughout the living spaces, creating a warm and timeless feel. The kitchen opens into the family room, while additional living and dining spaces provide flexibility for everyday living. A sought-after main-level bedroom adds versatility for guests, multigenerational living, or a private home office setup.
Upstairs, the spacious primary suite offers generous closet space and a large en-suite bath. The additional bedrooms are well-sized with ample storage and natural light throughout.
The finished basement provides additional living space perfect for a recreation room, home gym, office, media room, or guest area.
One of the standout features of this property is the private backyard setting, backed by woods and nature, creating a peaceful outdoor environment to relax and unwind. The spacious rear deck with a privacy wall offers a quiet setting to enjoy the wooded views and natural surroundings.
Located in the desirable Highgrove neighborhood, this move-in ready home is conveniently located near shopping, dining, parks, and commuter routes including easy access to Washington DC, Northern Virginia, Joint Base Andrews, and Naval Support Facility Indian Head. Buyers searching for homes for sale in White Plains MD, finished basement homes, wooded lot homes, or move-in ready colonial homes will appreciate everything this exceptional property has to offer.
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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