Welcome to your new home, with a LOW condo fee this stunning
townhouse-style condo offers the perfect blend of comfort, style,
and convenience. THREE levels of living! Boasting a spacious
2-bedroom, 2-bathroom layout, and a 1-car garage, this home is
designed to cater to your modern lifestyle. Upon entering, you'll
be greeted by a welcoming open floor plan that seamlessly connects
the living, dining, and kitchen areas. Large windows flood the
space with an abundance of natural light, creating a warm and
inviting atmosphere. The cozy gas fireplace in the living room adds
a touch of elegance and is perfect for those chilly evenings. The
master bedroom is a true retreat, featuring an ensuite bathroom
with a dual vanity, offering both high and low sinks to accommodate
your preferences. It's a space where relaxation comes easy, and the
walk-in closet provides ample storage. Low association fees make
living here not only enjoyable but also affordable, as maintenance
and community amenities are well taken care of. Enjoy your morning
coffee or unwind in the evening on your private balcony, which
offers a peaceful outdoor space to savor. This home is move-in
ready and meticulously maintained, ensuring a hassle-free
transition into your new lifestyle. Whether you're a fitness
enthusiast or love spending time outdoors, this community has it
all. Five community centers, five swimming pools (including one
exclusively for lap swimming), 15 tennis courts (four with lights
for evening play), and 10 multipurpose courts are at your disposal.
There are also 25 tot lots, a bocce court, and a soccer field for
endless entertainment options. For nature lovers and outdoor
adventurers, Algonkian Regional Park provides riverfront access to
the Potomac River, a boat launch, an 18-hole golf course,
mini-golf, rental cabins, and a picturesque picnic area, all just
moments away. Don't miss out on this fantastic opportunity to make
this your new home. With its convenient location, modern amenities,
and a wealth of recreational options, this property offers the best
of both worlds. Schedule a viewing today and envision the vibrant,
carefree lifestyle that awaits you in this wonderful community.
Unit Size
1,524 Ft²
Days on Market
-
Land Size
-
Price per sqft
$321
Property Type
Condo
Property Taxes
$308
HOA Dues
-
Year Built
1998
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
HOA/Condo/Coop Amenities: Basketball Courts, Bike Trail, Community Center, Exercise Room, Jog/Walk Path, Party Room, Pool Mem Avail, Pool - Outdoor, Recreational Center, Tennis Courts
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