6366 RISING MOON
About This Property
Step outside to enjoy a paver patio with trellis and firepit.
Major system and efficiency upgrades include a newer Trane heat pump (2023), owned 4.14 kW solar array, Aprilaire whole-house humidifier integrated with the HVAC system, radon mitigation system, newer LG washer (2024) and dryer (2025), and EV car charger hookup in the driveway. A convenient laundry chute accessible from both the first and second floors adds practical everyday functionality.
Enjoy walkable access to Lake Elkhorn's scenic trails, the Owen Brown Community Center and pool, East Columbia Library, nearby schools, shopping, and dining. Ideally located roughly halfway between Washington, DC and Baltimore, this home offers an easy commuter location while maintaining a tucked-away residential feel within one of Columbia's most established and amenity-rich communities.
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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 Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017