4600 SCHLEY AVENUE
About This Property
As you enter the open-concept kitchen and dining area, culinary enthusiasts will enjoy the brand-new kitchen. The main level boasts two tastefully designed bedrooms, ideal for comfortable main level living or easily adaptable as a stylish home office, offering flexibility to suit your lifestyle needs. Retreat to your spacious primary bedroom, featuring an en-suite bathroom and a versatile loft area, ideal for a serene seating nook or a productive workspace. Enjoy the storage solutions in the home, with numerous closets and well-designed spaces thoughtfully integrated throughout for maximum convenience and organization. The fully finished basement enhances the home's versatility, featuring two additional bedrooms, a full bathroom, and a laundry area, along with ample storage and convenient walk-out access to the outdoors.
Benefit from the peace of mind offered by a new HVAC system, water heater, and windows, making this home truly turn-key. Experience the convenience of a garage, extended driveway, and an expansive grassy area on a corner lot, providing endless options for relaxation and recreation. This home offers unparalleled convenience, being just minutes from shopping, recreation, dining options, as well as major highways and only 5 miles from Baltimore's iconic Inner Harbor.
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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