422 WICKLIFF PL
About This Property
Entry foyer closet and storage (2016); Fenced back yard (2017); Multi-level deck resurfaced and reinforced (2017); Exterior siding and trim, shutters, gutters, downspouts, soffit replaced (2018); Hot Water Heater and copper pipes in crawl space replaced (2020). Ready to move in and enjoy!
Great location in Arnold -- close to Annapolis and commuting routes to both Washington and Baltimore.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017