604 SOMERSWORTH WAY
About This Property
The renovated kitchen serves as the centerpiece of the home, thoughtfully updated with modern finishes, stainless steel appliances, and seamless flow into the main living spaces-ideal for both everyday living and entertaining. Hardwood flooring extends through the living room, piano room, and kitchen, adding timeless character and warmth. The spacious primary suite includes a beautifully renovated en-suite bath designed with comfort and style in mind.
Step outside to a private rear deck overlooking peaceful natural surroundings, complete with a hot tub that creates the perfect setting to unwind year-round. Additional highlights include a spacious 2-car garage, generous living areas across all three levels, meticulous upkeep throughout, and Ride-On access conveniently located at the neighborhood entrance.
Combining tranquility, updated living, and exceptional access to parks, commuting routes, shopping, and recreation, this is a rare opportunity in an established Silver Spring setting.
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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 Kemp Mill
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$3,490 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017