513 POWELL DR
About This Property
This spacious home is the perfect blend of modern amenities and natural beauty, situated on over an acre of lush landscape. The layout spans two finished levels totaling approx. 3200SF with walls of windows and sliders facing the serene surroundings. Enjoy newly refinished hardwood floors, brand new carpet, and fresh paint inside and out. The property features a two-car garage, two wood-burning fireplaces, irrigation system, extra attic storage space and a 8KW generator. The main living area includes a spacious sunroom addition, a screened-in porch, a cozy living room, primary bedroom with separate office/sitting area and two bathrooms. The expansive deck spans the entire rear of the home, accessible from the main living area and the primary bedroom. The lower level has three additional bedrooms, a full bath, family room with fireplace, plenty of storage, and walk-out access to the private patio.
Saefern is known for its incredible amenities. The boat slips and launching ramp are available to all residents as part of the community dues, along with canoe/kayak racks. One of the community piers can accommodate larger yachts and sailboats on the Clements Creek side, while smaller craft can use Saltworks Creek. Additional amenities include an outdoor pool, tennis courts, tennis/pickleball court, dog park, horse stable, and walking trails throughout the community. The location is convenient to Downtown Annapolis and there is easy and quick access to Rt. 50, I-97, and BWI Airport.
For more details about the community, visit Saefern.org. Experience the perfect blend of natural beauty and modern amenities in this beautiful property. Schedule a viewing today and make this tranquil retreat your own!
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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%.
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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