6854 MCCORMICK DR
About This Property
The open-concept layout perfectly highlights the family room, the eat-in area, and the kitchen with stainless steel appliances, beautiful hardwood cabinets, lots of counter space, a nice island, and a pantry. The formal dining and living room welcomes your guest. The laundry is conveniently located in the mudroom as you enter from the 2-car garage. The backyard is ready for your use with a brick-pavers, and a scenic tree line, and is perfect for entertaining!
Upstairs you are met with generously sized bedrooms and a dual sink hall bathroom. The extra-large primary bedroom creates your serene space with 2 closets for all your necessities! The ensuite features dual sinks, a soaking tub, a stand-up shower, and a private water closet. The additional 3 bedrooms are all very spacious and the hall bathroom is private.
The finished basement features a spacious main room, huge storage space, and a closet with a bathroom rough-in. Enjoy the walk-up stairs (walk-up basement) with a rear entrance/exit that leads you to the backyard.
Let's talk location: Grocery, shopping, gas stations, restaurants, and stores are all within your reach. An easy commute to the Bases, National Harbor, D.C., and parts of Northern Virginia. This home is ready for you!
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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