712 CHILDS POINT ROAD
About This Property
The finished lower level is designed for entertaining with a state-of-the-art theater room, granite kitchenette with SubZero wine fridge and Frigidaire dishwasher, wine closet, gym, game room with fireplace, full bath, and ample storage.
The main level features Brazilian cherry hardwood floors, a dramatic two-story family room with gas fireplace and floor-to-ceiling windows, crown moldings, and a gourmet granite kitchen with stainless steel appliances, KitchenAid double ovens, GE Monogram 5-burner gas range, and a large island. An oversized mudroom/laundry with new LG washer & dryer (2024), wet bar, dual staircases, an en suite first-floor bedroom, and a first-floor office provide added convenience and flexibility.
Upstairs, the primary suite offers a gas fireplace, kitchenette with mini fridge, walk-in closet, and spa-inspired bath with double vanities, Kohler jetted soaking tub, and separate shower. Three additional bedrooms include an en suite and a Jack-and-Jill bath.
Additional highlights include a three-car garage with Tesla charger and overhead storage, geothermal heating and cooling, natural gas generator, ADT security system, and a roof replaced in 2020.
Set across from the community path to Crab Creek with water access and kayak storage, this home also enjoys Kingsport's amenities: pool, pier, tot lots, kayak racks, walking paths, and tranquil ponds. With easy access to Route 50, Washington, D.C., and Baltimore, this residence blends comfort, function, and convenience-offering a spacious home with outstanding outdoor living.
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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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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017