403 BEARDS DOCK XING
About This Property
Inside, the home offers 6,000 finished square feet of well-appointed living space. A three-car garage connects to a charming mudroom, leading into an updated gourmet-kitchen with Thermador appliances and family room that overlooks the pool and wooded landscape. The versatile floor plan blends classic traditional elements with an open great-room featuring a fireplace, ideal for gathering.
The inviting brick veranda entry welcomes guests into a formal living room with a fireplace and dining room. A spacious study with built-in shelving offers flexibility as a home office or billiards room, with direct access to the pool and a screened porch with a wood stove for three-season enjoyment.
A distinctive feature of the home is its two staircases, including a curved, light-filled rear staircase leading to the expansive primary suite with a gas fireplace, vaulted ceiling, sitting area, marble 5-piece bathroom, and custom closet. The upper level also includes a second primary suite, a convenient laundry room, and a cedar closet. Each of the four bedrooms has an updated en-suite bath.
Additional highlights include a whole-house generator, brick chimneys, and meticulously maintained gardens that enhance the home's charm and curb appeal. A rare blend of privacy, elegance, and functionality, this property is a true retreat.
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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 Annapolis Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017