500 CHISHOLM TRAIL
About This Property
Inside, you'll immediately notice the brand new flooring, fresh paint throughout, and the open, light filled living space with soaring ceilings. The updated kitchen features new stainless steel appliances and quartz countertops, giving it a crisp, modern feel while still remaining functional and practical for everyday living.
The layout flows easily from the main living area into the dining space and out to the spacious rear deck, perfect for relaxing or entertaining. The elevated deck offers a private wooded backdrop, creating a peaceful outdoor setting.
Every major cosmetic update has already been handled, including pre inspection repairs, giving buyers confidence and eliminating the usual guesswork.
Located in Chesapeake Ranch Estates in Lusby, you'll enjoy access to community amenities including multiple beaches, community center, hiking trails and the largest manmade lake in MD Lake Lariat.
Lusby offers the ideal blend of Chesapeake Bay lifestyle and everyday convenience, just minutes from Solomons Island, shopping, dining, and the Patuxent River Naval Air Station. With easy access to Route 2 and 4, commuting to Annapolis or Washington, D.C
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017