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6405 MISTY TOP PASS
About This Property
Upstairs, you'll find four spacious bedrooms and two full bathrooms, including a light-filled primary suite with hardwood floors that feels like a private retreat.
The showstopper is the fully finished walkout lower level, completed in 2021. Designed with flexibility in mind, it makes an ideal in-law suite! It features a fifth bedroom, second family room, kitchenette, full bathroom, and a bonus room perfect for a home office, gym, or playroom. ADA-compliant features, luxury vinyl plank flooring, and abundant storage make this level ideal for multigenerational living, extended guests, or an au pair suite. Step outside to the covered patio and fully fenced backyard for even more space to relax and entertain.
Perfectly located, you're just minutes from River Hill Shopping Center while directly across from the Middle Patuxent Environmental Area, offering miles of scenic hiking trails and the Columbia tot lot (aka playground) is steps away at the end of the cul-de-sac. Plus, the home is zoned for the highly sought-after Clarksville ES, Clarksville MS, and River Hill HS.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017