719 BOUNDARY AVENUE
About This Property
Fall in love with this delightful vintage cottage that effortlessly blends timeless character with modern versatility. From the welcoming front porch and original hardwood floors to the high ceilings and abundant natural light, every detail radiates warmth and charm.
The open-concept kitchen flows seamlessly into the adjacent family room, offering clear sightlines-perfect for everyday living or effortless entertaining. Host gatherings in the spacious living and dining rooms, both brimming with light and personality. And you will especially enjoy relaxing or hosting on the screened porch at least three seasons of the year!
The main level features two generously sized bedrooms and a full bathroom. Downstairs, the fully finished basement offers exceptional flexibility. With its own kitchen and private entrance, it's ideal for use as an Airbnb, in-law or au pair suite, or reimagined as two additional bedrooms plus a home office or nursery.
Outside, the fenced sunny rear and side yards provide space for gardening, play, or simply relaxing. And while street parking is easy and abundant, you'll appreciate the convenience of your own private parking pad which can accommodate 2 vehicles or 4 if parked in tandem.
And the fully electrified garden shed located below the screened porch has plenty or room for bikes, garden tools, camping gear, etc.
Perfectly positioned on Boundary Avenue-right where Silver Spring meets Takoma Park-you'll enjoy the best of both communities. Walk to the Takoma Park Metro, local shops, restaurants, and the vibrant Farmers Market.
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017