7932 BUTTERFIELD DRIVE
About This Property
Step onto the inviting covered porch, complete with a classic swing, and discover a home that perfectly balances traditional charm with modern updates. The main level shines with gleaming hardwood floors and a seamless flow between spaces. At the heart of the home, the renovated eat-in kitchen features 42-inch white cabinetry, a convection wall oven plus an additional range, and a bright window overlooking the flat, spacious backyard.
The kitchen opens directly to a comfortable living area anchored by a brick fireplace and a Pella sliding glass door, making indoor-outdoor transitions a breeze. Upstairs, the primary suite offers a private sanctuary with a walk-in closet and ensuite bath, accompanied by three additional generous bedrooms and a full hall bath. The finished lower level provides versatile space for a recreation room, along with ample storage.
Notable upgrades include a 50-year shingle roof (2020), 6" gutters (2022), hot tub (2023), water heater (2023), washer and dryer (2025). The high-efficiency furnace, double-pane windows, and solar panels combine to create significant energy savings. Located in the established Mayfield Manor community with no HOA fees, you are perfectly positioned for easy access to Routes 100, 29, and 95, putting the best of the region within easy reach. Enjoy nearby trails and outdoor recreation at Rockburn Branch Park, all while being minutes from local shopping and dining.
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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%.
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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 Elkridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017