7432 EDGEWOOD RD
About This Property
The lower level has been finished to include a family room, a laundry room, a bedroom/office, and the primary suite. The primary suite features a spacious bathroom with a large jetted tub, perfect to enjoy after a long day.
Additional features of the home include the backyard with a patio and a long driveway that provides ample parking for you and all of your guests 5 PARKING SPOTS RIGHT OUT FRONT THE HOME.
As wonderful as the home is, the area is equally as impressive! Explore the vibrant surroundings of Annapolis, where every amenity is just a short drive away. Enjoy the downtown dining scene with local favorites like Chart House, Iron Rooster, and Boatyard Bar & Grill. Shopping is also in no short supply with options such as Target, Whole Foods, Lidl, Home Depot, and more. Looking for something fun to do outdoors? Consider visiting Quiet Waters Park, which boasts trails, playgrounds and even a dog beach/park.
Enjoy everything that Annapolis!!
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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