5807 OGDEN ROAD
About This Property
Stunning 4 bedroom, 2.5 bath, all brick home located in the sought after Country Club Hills community and Walt Whitman school district!! The main level boasts a spacious living room with beautiful hardwood floors, crown molding and fireplace, an elegant dining room with hardwood floors, crown and chair rail molding and a large eat-in kitchen with a buffet serving space and is all freshly painted. The upper level features a wonderful large Owner's Suite with ceiling fan and a completely remodeled en suite bathroom with beautiful tilework and a seamless shower, 2 additional large bedrooms and a remodeled guest bathroom. The lower level offers an enormous family room which is an entertainer's delight with hardwood floors, recessed lighting, a fireplace with marble surround, built-in bookshelves, wet bar, a custom built-in entertainment center with shelves and cabinets, a fourth bedroom or office, an updated powder room and French doors to the beautiful backyard. There is a fourth level which will provide plenty of storage and a separate laundry area. The backyard is truly an oasis which is entirely fenced in and is professionally landscaped with a wonderful gazebo. There is a garage and large driveway and a beautiful manicured front yard with custom slate walkway and stone retaining walls. This home is minutes to shopping, dining, golf, DC, access to Rt. 495, all major commuting routes and much, much more!!
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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 Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017