4105 COLIE DR
About This Property
The property boasts a large owner's suite with plenty of natural light and a spacious closet. Recent upgrades include a new HVAC system installed in 2017 and a brand-new roof added in 2023, ensuring peace of mind and energy efficiency. The solar system, installed in 2017, not only reduces utility costs but also reflects a commitment to sustainable living.
The huge driveway accommodates over five cars, providing ample parking for residents and guests alike. The fenced-in backyard is a private oasis featuring two large storage sheds, perfect for all your storage needs. The outdoor space is ideal for gardening, barbecues, or simply relaxing.
Convenience is at your doorstep with this home's prime location. It is within walking distance to grocery stores, pharmacies, restaurants, and public transportation, making daily errands a breeze. The property is minutes away from the Glenmont, Wheaton, and White Flint Metro stations, as well as major highways I-495 and I-270, making commuting easy and efficient.
Outdoor enthusiasts will appreciate the proximity to Stoneybrook Park, Rock Creek Park, and the Matthew Henson Trail, offering a variety of recreational activities such as hiking, biking, and picnicking. Major shopping areas like Westfield Wheaton Mall, The Shops at White Flint, and Rockville Pike are just a short drive or bus ride away, providing a plethora of retail, dining, and entertainment options. This home is a perfect blend of comfort, convenience, and modern living. Don't miss the opportunity to make this beautiful property your own!
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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 Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017