6902 RAVEN LANE
About This Property
The main level features a traditional layout in addition to a home office and a kitchen that opens to a large family room with gas fireplace. You'll also find French doors that lead to a recently updated large rear deck with Trex decking and stairs to the backyard. A mudroom/laundry room connects the family room with the 2-car garage.
Upstairs you'll find 3 bedrooms and a full hall bath along with a larger primary suite with walk in closet and full bath with dual vanities, a soaking tub and a shower.
The basement is partially finished as a family room/recreation room and offers loads of additional storage and expansion opportunities as well as being plumbed for an additional bathroom. There are patio doors above grade that walk out to the rear yard. Situated on a beautifully landscaped lot, the yard includes a garden shed.
Pointers Run, Clarksvill Middle + Atholton High Schools (buyer to verify). The home is not part of required Columbia Association or Hickory Ridge covenants.
Improvements in the last 5-10 years include a replaced roof, updated HVAC and stainless steel appliances. Other items await your freshening and updates. This is an estate sale and being sold "as is" but is thought to be in very good condition.
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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