502 KERWIN RD
About This Property
Welcome home to 502 Kerwin Road in sought-after Northwood Village. A charming Cap Cod with 4 bedroom, 3 full bathrooms and an unbelievable backyard, including a Koi pond!
The main level includes a living room with a beautiful fireplace, dining room, recently renovated kitchen, sunroom, two spacious bedrooms, and a full bath. Upstairs you'll find the expansive primary suite including a full bath, sitting room/office space, and multiple closets including a large walk-in. The finished lower level provides a large recreation room, flex room that can be used as an office or bedroom, full bathroom, laundry room and loads of storage. Additional features of the home include a lovely front porch and a large deck off of the sunroom that leads to the private backyard, perfect for gardening and entertaining.
Northwood Village's quiet neighborhood setting is moments from trails, Forest Glen Metro, dining, shops, Downtown Silver Spring, Four corners and every major commuter route!
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017