4439 COBALT DRIVE
About This Property
This home is set well off the road and surrounded by mature trees and natural landscaping, offering privacy and a peaceful, country feel. The expansive lot includes space for gardening, outdoor entertaining, keeping chickens, or simply enjoying nature.
Outbuildings and fenced sections add to the property's versatility, making it ideal for hobby farming or those seeking a rural lifestyle with modern convenience.
Located just 6 miles to Edgewater, 12 miles to downtown Annapolis, 21 miles to Joint Base Andrews, and 31 miles to Washington, DC, this property offers the best of both worlds: peaceful country living with easy access to commuter routes.
Bring your imagination and transform this property into the home-and lifestyle-you've been dreaming of.
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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