564 SECOND ST
About This Property
Gorgeous floors grace the main level, while the living room invites relaxation with its cozy wood-burning fireplace-perfect for those chilly winter nights with a good book or entertaining guests. The chef's kitchen is a true dream, complete with a top-of-the-line GE Profile appliance package, an induction range with a stylish range hood, floating shelves, marble countertops, and custom craftsman-style cabinetry. The open flow between the kitchen and dining room makes hosting dinner parties a breeze, with sliding glass doors leading seamlessly to the backyard oasis. The outdoor living area is covered and perfect for al fresco dining, while the private pool adds the ultimate touch of luxury.
The primary suite is a serene retreat, featuring a fully renovated ensuite bathroom for unwinding at the end of the day. In addition to the 3 bedrooms and 2 full bathrooms on the main level, the finished lower level offers a spacious recreational room, an additional bedroom, and a third full bathroom, providing flexibility and comfort for family or guests.
Located near top-rated schools, excellent shopping and dining options, military bases, and within easy reach of Annapolis, D.C., and Baltimore, this home has it all. Notable upgrades include a brand-new septic system, new roof, HVAC system, water heater, recessed lighting, windows, plumbing fixtures, and more.
Don't miss the chance to own this remarkable home! (Owner is the listing agent)
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017