5003 BRIMFIELD DR
About This Property
The property boasts a cozy fireplace and a walkout basement, complete with a rec room, an additional bedroom, and a half bath. A one-car porch and a delightful backyard offer ample space for gatherings and outdoor enjoyment.
Ideally situated near Washington, DC, with convenient access to I-495, shopping, and amenities, this property is well worth considering. The seller will need to find a home of choice, with the possibility of a rent-back arrangement. Significant waterproofing work has been completed, including the installation of a sump pump, a French drain system, and an energy-efficient dehumidifier, ensuring peace of mind for the new homeowner..
Don't miss the chance to explore this exceptional home before it sells!
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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 Westphalia
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$3,300 /mo
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$3,150 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017