719 BAND SHELL STREET
About This Property
Main level has open floor plan that enjoys plenty of natural light with combined living and dining areas plus sunroom addition. Two bedrooms on main level placed at different ends of home for maximum privacy. Front bedroom has bump out window, walk in closet and bath ensuite.
Kitchen features cherry cabinets. Sunroom addition has access to deck with gate to private back yard. Main level also features a powder room, coat closet, laundry area and entry from the one car garage.
Upper level features a bedroom, bonus room, unfinished attic space with built in storage, linen closet. The third bedroom has a bath with tub.
Other upgrades include shower grab bars, chair rail molding, mirrored wall and the electric fireplace conveys.
Great location – just stetps to Senior Center & County Library plus Lorien Assisted Living. Very close to multiple Mt. Airy shopping centers and restaurants. Low HOA fee of $82 includes snow removal, landscaping and mowing.
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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