6211 GIDEON ST
About This Property
Inside, a thoughtful main level floor plan opens to a spacious foyer sided by living and dining formals, and an extended foyer unfolds into the eat-in kitchen at the heart of the home. A commanding picture window is centrally located over the breakfast table streaming light into both the kitchen and the adjacent family room where a slider door offers access to the dining deck. Entertain formally or informally on the main level where family and friends can comfortably meander and transition from the living & dining rooms, kitchen, and breakfast room, or choose to gather around a cozy brick fireplace with a hot beverage.
Upstairs, the primary suite is a true retreat with an attached bath featuring a luxurious soaking tub, separate shower, double sinks, and a walk-in closet. Three additional well-sized bedrooms share a spacious hall bath adorned with a ceramic tile floor, and a double linen closet in the hall completes the upper level.
A retro classic vibe in the recreation room downstairs invites game day gatherings and celebrations large and small. A secondary brick fireplace with an extended bench-like raised hearth provides overflow seating and a custom wrap-around wet bar features retro-styled upholstered leather accents on the bar front, and four matching swivel stools with rounded backrests and metal footrests. The walls are currently adorned with framed memorabilia and University of Maryland sports-related images that add a nostalgic touch to the home of a former coach of the Maryland Terrapins football team. Come home to a classic aesthetic that combines timeless character, legendary memories and plenty of space to make new memories!
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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 Bowie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017