7849 CINDY DR
About This Property
This stunning 5-bedroom, 2-bathroom split level home in Twin Ridge, Glen Burnie is a must-see! As you step inside, you'll be greeted by a spacious living room with updated flooring and carpets it's perfect for entertaining or just relaxing. It includes a living room brightened by tons of natural light that flows seamlessly into the dining area and kitchen. Down the hall, you'll find three well-appointed bedrooms, including a spacious primary bedroom. Downstairs you will find a large recreation/ family room with updated flooring as well as two more bedrooms. Outside, the large backyard offers plenty of room for outdoor activities with a deck perfect for summer barbecues. Additional features of this home include a recently replaced roof ensuring that you can move in with peace of mind.
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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 Glen Burnie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017