777 SNODGRASS RD
About This Property
Step onto the splendid deck that graces this residence, and an immediate sense of connection to the surrounding landscape will envelop you. This deck is more than just a space for relaxation and outdoor gatherings; it serves as a gateway to a realm of exploration and leisure, inviting you to experience the beauty of the outdoors in its full splendor.
Upon entering, the home extends a warm welcome, exuding an air of sophistication and comfort. Vaulted ceilings expand the living space, creating an ambiance of openness, while carefully curated features elevate the living experience to one of luxury. The allure of a generous walk-in closet merges practicality with style, and the indulgence of a Jacuzzi tub in the master bathroom becomes a personal haven for rejuvenation and escape.
For the avid water adventurer, the community amenities are a treasure trove of possibilities. A strategically placed boat ramp presents boundless opportunities for embarking on boating escapades, whether it's a leisurely sail or an exhilarating day of water sports, all set against the backdrop of the serene Valentine Creek and the timeless Severn River.
In summary, this description unveils a home that calls out to water enthusiasts and those yearning for a life of natural beauty and leisure. Enveloped by picturesque surroundings, adorned with luxurious amenities, and offering the canvas for personalization, this residence stands as the embodiment of the quintessential waterside community dream. Seize the opportunity to make it your own and embark on a journey of unparalleled coastal living.
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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