4800 SHARON ROAD
About This Property
The inviting living room features a brick fireplace, wood beam ceilings, and sliding doors that open to the backyard. The large eat-in kitchen is equipped with a stainless steel appliance suite, a center island, a breakfast bar, a beamed ceiling, and ample prep space. Adjacent to the kitchen, the formal dining room features French doors leading to an office/family room.
The bedroom wing includes three well-proportioned bedrooms with wood flooring and two full bathrooms, including a primary suite. The primary bedroom offers a walk-in closet with an organizing system and a private full bath.
The lower level provides additional living space, including a large recreation room with a fireplace and bar area, a bonus room, a half bathroom, a cedar closet, a laundry room, and incredible storage with potential for further customization.
The exterior includes a convenient carport and an expansive 76,136 sq. ft. lot with mature trees, backing to a stream. This idyllic setting offers peace and serenity, with easy access to I-495 and just 1.2 miles to the Green Line Metro station. Nearby amenities include Woodberry Forest Recreation Center and Henson Creek Park.
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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