384 FOREST BEACH ROAD
About This Property
You won't want to miss this wonderful like-new home on a private water access homesite in the desired St. Margaret's area of Annapolis. Enjoy a main level primary suite with huge primary bath & soaking tub, open floor plan with soaring family room ceilings, large guest en-suite also on the main level and large private composite deck. A large loft with full bath and 3rd bedroom has additional bonus area great for office space or entertainment area. Basement has 9' ceilings, full windows and has a slider that walks out back - plus another bedroom and full bath!
Broadneck Schools and Close to 50 and downtown Annapolis!!
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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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About Anne Arundel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017