7004 MASTERS DRIVE
About This Property
The main level includes three spacious bedrooms, an elevator, and an enclosed sunroom overlooking a private outdoor setting, making single-level living effortless and convenient. The renovated lower level expands your living space with three additional bedrooms, and a flex space featuring luxury vinyl plank flooring, perfect for a family room, home office, or gym. You'll also find excellent storage options to keep everything organized.
Recent improvements include a new roof, HVAC system, and updated front entry door, plus a water treatment system for everyday comfort. Exterior highlights include a relaxing hot tub, stone retaining walls, and enhanced lighting for evening enjoyment.
Located near the C&O Canal Towpath and desirable local amenities, this exceptional home blends comfort, accessibility, and modern updates, offering the perfect setting to age in place gracefully while enjoying the best of Great Falls living. This property is ready to welcome its next owner!
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017