794 MACSHERRY DR
About This Property
The separate family room, formal living room and separate dining area offer many places to work, play and relax. The four bedrooms are generously sized: (King-sized beds easily fit into the two largest rooms, Queen in the 3rd and a double in the 4th. Corner windows grace the primary bedroom, and the en suite and hall baths were renovated in 2012. A whole house fan is housed in the attic which is accessed from the primary bedroom.
Tax record is not correct. Tax living area sq ft: = 2,105. Total finished sq ft:2,432. Total square ft: 2,710.
The partially finished walkout basement has a family room with gas stove, an office or possible 5th bedroom, and a large workshop, laundry room and storage area. A concrete patio overlooks the koi pond and creek. Other features: Gas Furnace and Air Conditioner (2021), Gas Hot Water Heater (2014), Roof (2019), gutter helmets, fenced rear yard, Newer impeller washer and dryer. The property line lies at the bottom of the hill.
Located in the desired Broadneck High School district, close to Route 2 and major routes, shopping and the BWI corridor. and 20 minutes from downtown Annapolis. Everything you need is here!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Dec 16, 2022 | Listed by RE/MAX Executive | $519,000 | |
| Listed by RE/MAX Executive | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017