4404 RENDALE COURT
About This Property
At the heart of the home is a gourmet kitchen with abundant cabinet and counter space-perfect for meal prep, gatherings, and everything in between. Just off the kitchen, a large sunroom addition brings the outdoors in, with spectacular views of the serene back yard that make morning coffee and evening downtime feel like a retreat. Step outside to the spacious deck, ideal for grilling, relaxing, or enjoying the open, wooded backdrop behind the property.
The main level also includes a welcoming family room with a fireplace and deck access, plus a formal living room, a full-size dining room, and a convenient powder room. The family room fireplace is a Heatilator, which is specially designed to take the warm air from the fireplace and circulate it into the house. Upstairs, you'll find four bedrooms and two full baths, including a primary suite with an en-suite bath, along with three additional well-sized bedrooms.
Downstairs, the fully finished walkout lower level adds even more flexibility with a large recreation area, a fifth bedroom, and a full bath-great for guests, hobbies, or a home office setup. Fresh LVP flooring adds a clean, updated feel.
Updates include roof, siding, gutters, downspouts & gutter guards (all replaced in 2018) and carpet.
Enjoy being minutes from downtown Olney shopping and dining, close to Olney Square Park, and near local amenities like the swim center, dog park, skate park, and OBGC ball/soccer fields, with easy access to Route 200. Less than 20 minutes to both ends of the Metro Red Line: Shady Grove & Glenmont. LOW HOA!
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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