703 JACLYN CIR
About This Property
The grand two-story foyer, adorned with gleaming hardwood floors, leads you into formal living and dining areas. The expansive family room offers panoramic views of the lush lawn and surrounding woods. A versatile study/office is positioned at one end of the main level, while the large eat-in kitchen awaits at the other. This kitchen features granite countertops, stainless steel appliances, and a charming breakfast nook with wrap-around windows providing a sweeping view of the gardens. Adjacent to the kitchen are the convenient laundry/mudroom, a powder room, and access to the three-car garage.
Upstairs, the luxurious primary suite includes a spacious sitting area, three closets (including a generous double walk-in closet), and a separate vanity. The attached bath boasts a soaking tub, a separate shower, a double sink vanity, a water closet, and remote-controlled custom blinds. Across the hall, you'll find a full bath and three additional bedrooms.
The fully finished lower level impresses with nearly 9-foot ceilings, recessed lighting, and an expansive open space, perfect for a second family room or recreation area. It includes a wet bar for entertaining, a bedroom, two bonus rooms, a full bathroom, and ample storage options.
Outside, enjoy relaxation in the large lot (add a patio or deck) or gather around the illuminated stone fire pit. Additionally, the home features a buried propane tank. Conveniently located for commuters with easy access to I-83 and York Road, and within the Hereford School District, this home provides quick access to Hunt Valley, Baltimore, Towson, and Pennsylvania. Nearby amenities include a wealth of shopping and dining options, as well as recreational spots like the NCR Rail Trail and Gunpowder River.
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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