612 WALLERSON ROAD
About This Property
From the moment you walk in, you'll fall in love with the wide open layout, gleaming refinished hardwood floors on the main level, and the bright living room featuring a wall of windows that floods the space with natural light.
The gorgeous kitchen was renovated in 2020 and boasts a large island with popular waterfall quartz countertops, herringbone tile backsplash, ceramic tile floors, a farmhouse sink, and stainless steel appliances-including a brand new refrigerator (2024), gas stove, built-in microwave, and dishwasher. Walls were removed to create the airy open-concept design that makes entertaining a breeze.
Step outside through the sliding glass door (2020) to your dream outdoor space-a spacious deck with a stylish pergola (2021), perfect for relaxing or hosting guests. The fully fenced backyard also features a flagstone patio below.
Upstairs, you'll find three bedrooms with refinished hardwood floors and a full bath updated in 2020. The primary bedroom offers generous space and ample closet storage.
The finished lower level includes flexible living space-ideal for a family room, home office, or gym-complete with bamboo flooring, built-in bookshelves, a half bath, and a laundry room with brand new luxury vinyl plank flooring and washer (2025). There's also direct access to the garage, which has a new garage door (2025).
Additional updates and highlights include: New A/C (2022), New hot water heater (2024), New windows in living room (2025), Concrete slab & upper driveway (2020)Fence extension (2023)
Location, location, location! You'll be just minutes from I-695, Route 40, I-70, BWI, Baltimore, Annapolis, NSA, and Ft. Meade.
Be sure to check out the virtual tour-this one won't last long!
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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