6264 MARTIN RD
About This Property
Designed with entertaining in mind, the home offers both a formal living room and a dining room, ideal for hosting gatherings. The heart of the home is the renovated, spacious eat-in kitchen, complete with white cabinetry, granite countertops, a stylish tile backsplash, ample counter space, stainless steel appliances, and separate table space. From there, a sliding glass door leads to an expansive, maintenance-free deck, where you'll find a lighted gazebo overlooking a beautifully landscaped, fenced-in yard. Surrounded by mature trees, this outdoor oasis is perfect for evening cookouts and relaxation. Adjacent to the kitchen, the cozy family room invites you to unwind by the gas-burning fireplace. Convenience is key, with a 1st-floor laundry/mudroom offering direct access to the two-car garage, and a modern half bath completing this level.
Upstairs you'll find the primary bedroom features a tray ceiling, new carpet and plenty of space in the walk-in closet. The beautifully renovated, spa-like en-suite bath features a soaking tub, double sinks and an oversized glass enclosed tiled shower. Three additional generously sized bedrooms and a fully updated hall bath are just down the hall.
The fully finished lower level extends your living space, offering a private bedroom with a large closet and an adjacent full bath, ideal for overnight visitors. Additionally, the lower level includes a versatile rec room and extra storage options. Updates include: Primary bath (2022), roof replaced in 2020, and furnace (2021), kitchen (2015), and hall bath (2015) just to name a few.
This amazing home is located just minutes from shopping, restaurants, trails, the Hickory Ridge Village Center, and downtown Columbia. With quick access to Rt.29/32/100/95 and situated between both Baltimore and Washington, this is a perfect location. Welcome Home!
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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