49 COLLEGE AVE
About This Property
Located in a charming, downtown neighborhood with easy access to walkable amenities, shops along Maryland Avenue, and restaurants, this building combines urban convenience with the charm of adaptive reuse. Ideal for developers or homeowners looking for a distinctive living space with history and character. Seize this rare opportunity to transform a commercial property into a one-of-a-kind residence.
**This property is recorded by the Maryland Historical Trust – Maryland Inventory of Historical Properties as The Alice P.S. Haeseler House (AA-1847). **
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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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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017