3726 6TH AVE
About This Property
Welcome to the amenity-rich community of Selby On The Bay! Stunning and spacious, you will love what this great home offers! Enjoy a relaxing breeze on the large front porch. Fantastic open layout has high ceilings, walls of windows, and pretty moldings. The living & dining rooms are ideal for holiday gatherings and parties. Newly updated kitchen has beautiful granite counters, white cabinets, and stainless appliances. The large kitchen island is perfect for "on the go" meals and "snack time". Whether you are celebrating your best friends with champagne and horderves, preparing a signature meal, or serving up your best "PB & J" to little ones, this kitchen gives you all the prep space and convenience you need. The family room brags a cozy gas fireplace - family time and movie night at its best. The 2nd floor boasts four spacious bedrooms. The romantic primary suite has vaulted ceilings, a walk-in closet, updated private bath, double vanity, soaking tub, and a tiled shower with glass door! The junior suite also has a private bath, a kitchenette, and space for studies - perfect for teen, au-pair, grandparents, and guests! This incredible home has been tastefully updated throughout and has plenty of living space. Oversized sideload garage and large driveway provide parking for everyone! The fenced backyard is beautifully landscaped with plants that will bloom all summer! Convenient shed for your lawn tools and toys! The patio is bbq ready for all your summer parties! There's something magical about the charming sense of community that Selby on the Bay has to offer. Navigate to 3715 1st Avenue Edgewater, MD 21037 to experience the Community Center, playground, beach, boat ramp! So convenient! Bring your jet skis, kayaks, and paddle boards! A true "must-see."
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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 Selby-on-the-Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017