5806 DIMES RD
About This Property
The main floor, which provides single-level living at its best, can be accessed via two separate entrances and includes a sun-filled living room with high ceilings, a large open dining room, and a spacious renovated kitchen. The kitchen is highlighted by a gorgeous custom Birch display piece with built-in lighting and bookshelves, and features granite countertops, exquisite Cherry cabinetry with tile back splash, a breakfast bar, a pantry, a Samsung French-door refrigerator, a GE Convection oven, durable vinyl flooring, and includes a pass-through to the living room and dining room. The living room and dining room open to two picturesque screened-in porches. This incredible open concept living space is ideal for entertaining large gatherings. The main level also includes a cozy family room with a corner fireplace, a mudroom area with laundry and a coat closet, and a fantastic office / guest room. There are two bedrooms and two full bathrooms on the main level, including a generous primary bedroom suite with a private entrance, a voluminous walk-in closet, two wall closets, a bay window with bench seating, vaulted ceilings, wood flooring, access to the pool, and a private bathroom. The primary bathroom has a double vanity, a jetted soaking tub, and a separate shower. Downstairs is an oversized walk-out "L" shaped recreation room with recessed lighting and access to the backyard via a brand new double paned sliding glass door, there is a full bathroom, and a third bedroom on this level plus ample storage!
Situated on a large 1.26-acre lot, the captivating grounds of this home have been meticulously cared for with beautifully established plantings, blooming azaleas, and incredible wooded views. Outdoor living spaces include; two large screened-in porches, a composite deck, a back patio, and a glorious in-ground pool all of which provide amazing entertainment space – perfect for hosting barbeques, swim parties, or dining under the stars. This home is complete with an attached two car garage with brand new garage doors, a home generator (fueled by a propane tank), and a gated entry with automatic doors.
Minutes to Lake Frank, Lake Needwood and Pine Trail. Convenient access to the ICC, Rockville Town Center, and a plethora of dining and shopping options.
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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