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5125 MARX DRIVE
About This Property
Set on a quiet street near the shoreline, this 3-bedroom, 2.5-bath home offers generous indoor and outdoor living in a location where wooded surroundings and nearby waterways create a slower pace of life.
Inside, the main level has multiple living spaces that can easily adapt to your lifestyle. A spacious family room with soaring ceilings, a fireplace, and oversized windows serves as a welcoming gathering place. The living area with custom-built-in shelving is a perfect setting for a home library, office, media room, or playroom. Large windows throughout the home invite natural light and frame peaceful views of the surrounding trees.
The kitchen has a practical layout with generous cabinet storage, ample countertop space, a stainless steel gas range, and direct access to the dining area and rear porch. It's fully functional as it is, while offering an excellent opportunity to personalize with modern finishes and updates over time.
Upstairs, you'll find 3 cozy bedrooms, each with its own closet. The spacious primary suite features hardwood flooring, a large walk-in closet with custom shelving, and an ensuite bath complete with dual vanities, a soaking tub, and a separate shower. The secondary bedrooms are designed for family, guests, or a dedicated home office.
Outside, the oversized covered porch quickly becomes an extension of your living space. Overlooking the expansive fenced backyard, this outdoor setting allows you to enjoy every season. The attached 2-car garage and wide driveway give you plenty of parking and storage.
Major systems have already been addressed, including a roof approximately 5 to 10 years old, HVAC approximately 5 to 10 years old, a 7-year-old water heater, city water service, septic system in good condition, and electrical and plumbing systems are in good working order.
You'll enjoy quick access to West River, South Creek, and nearby marinas for boating, fishing, and waterfront recreation. The home is also convenient to MD-258 (Bay Front Road), MD-261 (Friendship Road), and Solomons Island Road (MD-2) for easy travel to Deale, Shady Side, Edgewater, Annapolis, and the greater Washington, D.C. region, while still enjoying the peaceful atmosphere of West River.
With hardwood flooring throughout much of the home, a large covered rear porch, and a level backyard, you'll have the space to enjoy everyday living as well as gatherings with family and friends.
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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