4906 MEGAN DR
About This Property
Meticulously maintained home situated in a convenient commuter location! The inviting exterior with recently replaced roof and exterior siding sets the tone for what awaits inside. Upon entering the home, you are greeted by the open concept living and dining rooms with hardwood parquet flooring and a new sliding glass door to the deck. Prepare your favorite meals in the kitchen offering sleek stainless steel appliances and beautifully detailed raised panel cabinetry. The calming color palette continues into the rest of the home and into the relaxing primary bedroom with a ceiling fan. An additional bedroom and a full bath with jetted soaking tub conclude the main level. The renovated lower level highlights crown molding and recessed lighting and features a family room with cozy fireplace and a large den that can be converted back into a third bedroom. A full bath and laundry room with folding counter and storage cabinetry concludes the interior of this lovely home. Enjoy outdoor living opportunities on the expansive composite deck with vinyl railings that overlooks the fenced backyard with a storage shed. Great commuter location with easy access to DC, VA, metrorail, and bus lines. Property Updates: Furnace, desk, roof and gutter guards, laundry room, kitchen appliances, lower level updates, front and back doors, exterior siding, and more!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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