503 DUVALL LN
About This Property
Living in Hillsmere is like being on a permanent vacation. You are two blocks from the Hammerheads swimming pool, and a few short blocks to the beach. You can also quickly access one of the many marinas or kayak launches and will love having the Eastport Branch of the Anne Arundel County Library within walking distance as well.
Going live on September 14 with OPEN HOUSES Saturday and Sunday...you will want to book your appointment right away! See you on Duvall!
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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 Hillsmere Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017