3953 CLOVERHILL ROAD
About This Property
Step inside to discover soaring ceilings, oversized windows, and original hardwood floors that immediately set the tone. A gracious entry hall opens to expansive living and dining spaces anchored by a fireplace and framed by elegant architectural details. Just off the main living area, a charming library lined with built-in shelving creates the perfect home office, reading room, or creative retreat.
The renovated kitchen combines style and function with updated appliances, custom cabinetry, and distinctive finishes. From here, a bright sunroom overlooks the garden and provides a peaceful spot for morning coffee or relaxed evenings at home.
Upstairs, generously sized bedrooms and beautifully updated bathrooms continue the home's theme of light, space, and timeless design. A finished third-floor bonus space offers incredible flexibility as a studio, guest area, office, or hobby room.
The lower level provides laundry, abundant storage, workshop space, and convenient interior access to the attached garage.
Outside, a private garden and patio create a welcoming outdoor retreat, while the attached garage and driveway provide highly sought-after off-street parking.
Major updates include HVAC (2020), replacement windows (2021), updated kitchen appliances (2024), and multiple interior improvements.
Ideally located near Johns Hopkins Homewood campus, Sherwood Gardens, and Calvert School, this home offers a rare combination of historic character, generous living space, and exceptional 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%.
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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