7214 ANNAPOLIS ROAD
About This Property
The bright living and dining areas flow seamlessly into an updated kitchen featuring white cabinetry, stainless steel appliances, and generous counter space. Two comfortable bedrooms and an updated full bathroom are located on the upper living level.
The finished lower level provides additional flexible space, ideal for a recreation room, home office, workout area, or entertainment space, along with a dedicated laundry area.
Outside, enjoy a spacious backyard with mature trees, a deck, and room for outdoor dining, gardening, or relaxing. Conveniently located near shopping, dining, commuter routes, and neighborhood amenities.
A wonderful opportunity to enjoy the comfort of a detached home with flexible living space and inviting outdoor areas.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017