529 HIGHLAND DRIVE
About This Property
This lovely 4-bedroom, 3-bath split-level ranch is remarkable in the prime Woodland Beach area. The home is just steps from one of the community's sandy beaches, boasting a floating-swim platform. The shopping and dining options of Village at Lee Airpark are within comfortable driving distance. In addition, the location is within pedestrian range of nearby schools. You'll enjoy relaxing views of Glebe Bay.
With fencing in the rear, the large yard offers privacy and room for enjoyment. Representing the welcoming personality of the home, a front-facing, breezy porch is a nice spot for relaxing with beverages, perhaps while hosting friends. The centerpiece of the fully fenced backyard is a refreshing swimming pool.
As you step inside from the welcome mat, touches of lifestyle value will welcome you home. Sunbeams deliver warm natural light. The crackling warmth of 2 wood-burning fireplaces can be found in the living room and basement. The kitchen, which is roomy enough to accommodate conversation with visitors during food prep, features marvelous counter space and major appliances in an attractive layout. Amid the natural illumination, this focal point of culinary endeavor is a movie set awaiting its writer/director/star (you!). For sanctuary from the day, the primary bedroom is where to be. The other 3 bedrooms, with plenty of closet space, offer the luxury of private space.
The driveway easily parks two vehicles.
The finished basement, conveniently outfitted with a full bathroom, is currently in use as a rec room and is easily reconfigurable to suit your vision.
Escape with us to the community of sandy beaches, marinas, clubhouse, and swimming zones. You'll love this well-established community and easy commute to Annapolis, DC, and Baltimore. Call now for your very own private tour.
It's a great idea to make a competitive offer on this one.
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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