7713 NORMANDY RD
About This Property
The main living area boasts an open and airy floor plan, perfect for relaxing or entertaining. The updated kitchen features stainless steel appliances, sleek cabinetry, and ample counter space for all your cooking needs. A large dining area provides plenty of space for family meals or gatherings with friends.
All three bedrooms offer generous closet space and plenty of natural light, making them the perfect retreats for rest and relaxation. The full bathroom features modern fixtures and finishes, creating a spa-like atmosphere for your daily routine.
Outside, you'll find a beautifully landscaped yard with plenty of space for outdoor activities and entertaining. The rear patio provides a perfect spot to relax and enjoy the peaceful surroundings. Additional features include a driveway with ample parking, central air conditioning, wood fenced in enviroment and plenty of storage space.
Located in the highly desirable neighborhood of Hyattsville, this home is just minutes away from shopping, dining, and entertainment options. Don't miss your chance to make this lovely property your new 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017