706 ANNESLIE ROAD
About This Property
Welcome to this classic Anneslie gem-rich in character, thoughtfully maintained, and ready for its next chapter. Nestled on one of Anneslie's beloved tree-lined streets, this spacious home offers flexible living, strong mechanical updates, inviting outdoor spaces, and a wonderful opportunity to personalize in a sought after community.
The main level features two well-proportioned bedrooms, a full bath, and comfortable living and dining rooms filled with natural light. The spacious kitchen offers ample room including a cooking island an ideal canvas for buyers eager to design their own dream space.
Upstairs, a finished upper-level retreat with a large full bath provides excellent flexibility-perfect as a primary suite, guest space, or private hideaway. The lower level, with its own private entrance, offers valuable bonus space ideal for a home office, music or art studio, workshop, or creative flex space.
Outdoor living truly shines with a welcoming covered front porch, a screened-in rear porch and the added convenience of a parking pad-an especially valuable feature in this neighborhood.
Behind the scenes, the home has been exceptionally well maintained mechanically and structurally, allowing buyers to focus on cosmetic updates at their own pace. House includes central AC.
New architectural shingle roof (2023), Pella replacement windows in the living room (2022),
Newer gas furnace serving the basement and main level, Newer heat pump for the upper level,
Whole-house generator.
Residents enjoy easy access to local shopping on York Road, Belvedere Square, Towson shopping, downtown Baltimore, Johns Hopkins, Towson University, and area hospitals.
With strong systems already in place, charming architectural bones, and inviting porch spaces front and back, this home presents a rare opportunity to create something truly special in one of Baltimore County's most beloved neighborhoods.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017