6 LAKESIDE OVERLOOK
About This Property
The rarely available and fully renovated residence features 4 bedrooms and 3 bathrooms, offering spacious living areas with striking architectural details throughout the split-level floor plan.
The expansive main level includes a bright living room and dining room with vaulted ceilings and a cozy fireplace. The newly renovated eat-in kitchen is a chef's dream, complete with stainless steel appliances. Just outside, a large patio overlooks a lush, fully landscaped, and fenced-in yard-perfect for relaxing or entertaining.
Upstairs, the generous primary bedroom offers double closets and an updated en-suite bathroom with a walk-in shower. Two additional well-sized bedrooms share a completely remodeled hall bathroom with a tub.
Downstairs is a cozy, light-filled den with custom bookshelves, an additional bedroom and bathroom, and a separate laundry room. Finally, on the lower-level is a recreation room and a spacious storage/workshop area-ideal for hobbies or extra storage.
New Mark Commons offers a variety of fantastic amenities, including a scenic lake, swimming pool, tennis and basketball courts, clubhouse, bike paths and a tot lot. If that isn't enough, the prime location will be – one block from the RideOn bus to the Rockville Metro and only 0.5 miles from Rockville Town Center and Exit 5 off I-270. This is one you do not want to miss!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017