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5359 HESPERUS DRIVE
About This Property
Inside, you'll find a thoughtful layout featuring 4 bedrooms, 2 full bathrooms, and 1 half bath, perfect for everyday living and entertaining. The finished space spans two levels, with a partially finished basement that adds flexibility for family room space, home office, workout zone, or hobby area. The added three seasons sunroom overlooking the grounds below act as a retreat and place to relax.
Conveniently located near downtown Columbia, you'll have easy access to Merriweather District, Columbia Lakefront, as well as Ellicott City's Centennial Lake. Behind the backyard you'll have direct access to Columbia's very popular nature walking path spanning 111 miles.
This home is ready for you to move right in and call it home. Set up a 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%.
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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About Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017