3812 HAMILTON AVE
About This Property
Elegantly restored to its original beauty, this home offers a blend of modern updates and timeless charm. The open design of the living, kitchen, and dining areas is perfect for both entertaining and family relaxation.
The updated kitchen boasts stainless steel appliances, stunning granite countertops, a custom tile backsplash, and upgraded modern fixtures. The master suite features a spacious private en-suite with a soaking tub and a walk-in shower. The finished basement provides additional square footage, ideal for a second family room, home theater, kids' playroom, home gym, and an extra bedroom. Spanning 1816 square feet, this property is much larger than it appears, offering ample space for comfortable living. With a generous parking pad in both the front and back of the property, accommodating up to 4-5 cars.
Situated in the prestigious Hamilton area, this property is surrounded by a variety of restaurants and shopping options. Enjoy local markets such as Harvest Fare or the Hamilton/Lauraville Main Street Tuesday Market, where you can indulge in music and food from local farms every Tuesday from 4:30 to 7:30 pm. Nearby dining hotspots include Emma's Tea Spot, Silver Queen Cafe, Hamilton Sports Bar and Grill, and Lost in the 50's Diner. For outdoor enthusiasts, Pioneer Drive Park offers a peaceful green space with walking paths and picnic spots just a few minutes away.
This prime location provides easy access to 895, 695, and I-95, making all that Baltimore has to offer easily accessible. With new flooring, carpet, and paint, this home is move-in ready and is being regularly sanitized by the owner.
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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%.
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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