53 SUNSET DRIVE
About This Property
Meticulously updated and move-in ready, this 4-bedroom, 3-bathroom home includes a dedicated office/den and a fully finished walk-out basement, perfect for hosting or relaxing. The main level boasts an open-concept design with hardwood flooring, a striking granite island, and an electrical or wood-burning fireplace-all framed by elegant architectural touches. Every system was updated in 2019, including plumbing, HVAC, electrical, roof, siding, windows, flooring, and integrated surround sound. An Environmental Water Systems (EWS) whole-house filtration system ensures premium water quality throughout.
Enter a private backyard haven, impeccably curated for both leisure and lifestyle. Beyond the elegant, low-maintenance deck lies a custom basketball court and a fully permitted, 300 sq ft climate-controlled studio-an architectural gem featuring vaulted ceilings, integrated heating and cooling, and a custom Murphy bed. Whether envisioned as a luxurious guest residence, an executive-level home office, or a chic entertaining pavilion, this bespoke space embodies elevated living at its finest. Newly paved in 2024, the driveway enhances both curb appeal and functionality, while the home is equipped with fully permitted wiring for effortless Level 2 electric vehicle charging.
This home embodies luxury, function, and refinement in one of Severna Park's most sought-after neighborhoods. A rare, turn-key opportunity-schedule your private showing today.
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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%.
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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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About Severna Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017