712 DRAKE WAY
About This Property
As you step inside the house, you'll notice is the grandeur and spacious feel, the open kitchen, windows flowing up two stories of the family room, and the luxurious feel of the formal dining and living rooms. You'll love entertaining guests in this space, which features top-of-the-line appliances and a beautifully designed island with plenty of room for seating.
Moving on to the outdoors, the finished paver patio with a gas connection for a grill and wiring and plumbing in place for a future hot tub is perfect for hosting al fresco dinner parties or for simply relaxing with family and friends.
But the true piece de resistance of this home is the completely finished basement. Whether you're looking to stay fit with a workout in the space perfect for a home gym, have a fun game night with friends in the rec room, or enjoy your favorite movie in the dedicated movie theater room, this basement has something for everyone.
The Kingsport community boasts over 170 homes on over 100 acres of green space. The community pool, hot tub, playgrounds, and walking trails provide ample opportunities for fun and relaxation. Plus, the pier with kayak access to the creek offers a unique and peaceful way to explore the surrounding nature.
Don't miss your chance to live in this incredible home and be a part of the vibrant Kingsport community. Schedule a tour today and experience the height of luxury living!
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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