504 LAKE DR
About This Property
Key updates: new roof, new windows, new heat pump with new thermostat
Key features: dual heat pumps, water access, skylights, four sliding
glass doors facing the lake, open floor plan in the great
room-kitchen, large closets, semi-circular driveway
Gorgeous new windows encourage you to marvel at the four seasons of
lot and be enticed by Bay views
Spacious inside and out
Surround yourself with the charms of one of Southern Maryland's most
sought-after natural settings -- a deep wooded lot with lofty views of
Lake Charming and the Chesapeake Bay
Natural light and coastal breezes invite you home to your quiet lakeside retreat
Express your unique love of nature throughout a spacious interior with
ridge-top views of enticing woodland and waterside settings
Wrap-around deck to let you take in four beautiful seasons of the
natural settings that surround this home
Fabulous ridge-top vantage point for nature lovers and bird watchers
Fenced area could be a secure dog run or a convenient garden spot
accessible from the carport
Two garden spots -- one raised bed and one fenced
Within easy walking distance to the Bay
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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