402 DIXIE DRIVE
About This Property
Inside, you'll find hardwood floors, a cozy fireplace, and an open kitchen that flows beautifully into the light-filled sunroom. Upstairs are three comfortable bedrooms with a full bath. The finished lower level, complete with its own full bath, offers endless possibilities-guest space, home office, playroom, or gym - and bonus: a great workbench for the handy one on the house!
Outside, the expansive deck, hot tub, and fenced yard invite relaxation and entertaining. The detached garage provides extra storage and convenience, while the location in the heart of West Towson means you're minutes from dining, shopping, and world class schools.
Don't miss this opportunity to own a move-in ready home in one of Towson's most sought-after neighborhoods-
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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