618 PARK RD
About This Property
Upon entry, you are greeted with real hardwood floors throughout the main level. Enjoy two living rooms, a dining room and spacious kitchen with granite-top island. On the upper level, you will find 4-bedrooms and 2-full bathrooms. Primary suite boasts large walk-in closet and ensuite bathroom includes jetted tub. Unfinished basement spans the footprint of the home and allows tons of storage and room for opportunities.
Walk out the back doors to your enhanced TREX deck, overlooking your fully fenced, grassy backyard and rock pond. Carrollton Manor is a community located on the Severn River – enjoy the beautiful amenities of Hillbottom Beach and catch unbelievable views at Sunset Beach. Crabaway Pier offers fishing and crabbing within the community and the newer clubhouse is perfect for holding events.
NEW July 2023: paint throughout and carpet on the upper level.
**Open House** Saturday, July 29th from 12-2pm**
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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