7434 RACE RD
About This Property
As you enter the home, you'll immediately notice the beautiful Harwood plank Floor which gives the space a warm and inviting feel. The family room is the perfect place to relax and unwind, with plenty of natural light and a cozy fireplace.
The kitchen is a chef's dream, with Stainless Steel Appliances, Granite Counter Tops & Huge Island is perfect for enjoying your morning coffee or entertaining guests. With a huge recently finished basement and adding a 4th full bath gives you endless possibilities.
The backyard is a true oasis, with a Huge deck and plenty of space for outdoor dining and entertaining. The scenic view is perfect for enjoying those warm summer evenings.
This home is close to D.C, Baltimore and Fort Meade, All major routes and shopping. Don't miss out on the opportunity to make this beautiful house your forever home."
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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