747 PEARSON POINT PL
About This Property
The upper level is home to four bedrooms and three full bathrooms. Highlights of the en-suite primary bedroom include, tray ceiling, walk in closet, a soaking tub and stall shower. There is also a second en-suite bathroom for one of the other upper level bedrooms.
The lower level is a wonderful space with a recreational room, a full bathroom a room that can be a work out area or a potential fifth bedroom and storage space. Outside, a wonderful paver patio is perfect for outdoor entertaining and grilling.
Community amenities include an outdoor pool, walking trails, tot lots and water access to Church Creek with a pier and kayak launch.
Situated just minutes from downtown Annapolis and with easy access to Washington DC, Fort Meade, and Baltimore, 747 Pearson Point Place is an ideal place to call home.
Be sure to click on the movie camera icon for 3D tour.
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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