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4029 CRESCENT ROAD
About This Property
The main level greets you with an open foyer boasting new hardwoods throughout and your formal dining and living rooms on each side. While standing at the kitchen island you'll see how the open floor plan provides a perfect setup for hosting and entertaining. From the Wolf duel fuel range to the quartz countertops and handblown glass island light, this kitchen has it all. Upstairs you'll find all four bedrooms with two full baths and new hardwood flooring on the entire second floor. The primary bedroom has two walk-in closets, a large dressing room, tile shower and two 48 inch vanities. In the finished basement, you'll find a large entertainment area, full bathroom, office, laundry and plenty of extra room for storage.
With a new roof, new windows, new HVAC, new water heater and a long list of additional upgrades and improvements, this house is truly move-in ready just waiting for your personal touch.
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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 Ellicott City
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$1,875 /mo
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$7,500 /mo
- 4 Beds
- 3 Baths
- 2,316 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017