7 GERMAN STREET
About This Property
This beautiful four-square home offers 3 bedrooms and 2 bathrooms, including a full bath upstairs and a second bath on the lower level, along with a finished basement office space and loads of additional storage.
A welcoming front porch opens to the main level featuring an open floorplan and a newly renovated kitchen (2025) with granite countertops, highlighted by original hardwood floors and lots of historic character throughout. A bright sunroom with brand new windows, overlooks the deck and backyard.
Offering 1,764 finished square feet, plus 440 square feet of unfinished storage and utility space, along with additional attic storage.
Outdoor living areas are a highlight of this downtown home; including an expansive deck, a spacious and private tree-lined backyard, and a landscaped front garden with beautiful stone steps and front wall. Off-street parking adds everyday convenience.
A rare opportunity to enjoy the charm of historic Annapolis living with a thoughtfully updated and well cared for home, inviting outdoor spaces, and a walkable Murray Hill location.
Showings by appointment.
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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 Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017