716 CALEB LN
About This Property
This charming brick-front colonial in desirable Kingsport offers nearly 5,000 square feet of elegant living across three levels. Step into a grand foyer leading to formal living and dining rooms with refinished hardwood floors and crown molding. Large windows and two fireplaces enhance the inviting atmosphere. The kitchen features granite countertops, double ovens, a gas cooktop, and a walk-in pantry. It connects to the dining area and opens to a fenced backyard with a gas grill, pergola, and fire pit-ideal for entertaining! The family room boasts soaring ceilings, built-ins, and a fireplace. The main level also includes a sophisticated home office with a gas fireplace and French doors.
Upstairs, the primary suite offers a sitting area, walk-in closet, and an ensuite bath with a soaking tub. Two additional bedrooms share a Jack and Jill bath, and another bedroom on this level has a private bath. The lower level features a wet bar, entertainment areas, and potential fifth bedroom, plus a full bath and laundry area. Kingsport's many amenities include a pool, hot tub, pier, kayak storage, trails, and playgrounds.
Owner updates include a new HVAC system, dishwasher, flooring, and more. Nine foot ceilings throughout and extra height garage doors! Experience luxury and convenience in this exceptional Kingsport home. Welcome to your new Annapolis lifestyle!
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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.
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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