7946 FLAGWALK TER
About This Property
Nestled on a picturesque corner lot in the coveted Kings Contrivance neighborhood, this stunning property offers the perfect blend of tranquility and convenience. The single entrance cul-de-sac ensures peace and quiet, while the home's thoughtful design marries cozy charm with modern sophistication. Step inside and be captivated by gleaming hardwood floors and an open-concept layout that sets the stage for both everyday living and elegant entertaining. The heart of this home is undoubtedly the gourmet kitchen - a culinary enthusiast's paradise featuring sleek granite countertops, top-of-the-line stainless steel appliances, and a show-stopping marble backsplash. Ample cabinetry and a massive pantry with pull-out drawers provide storage solutions that are as stylish as they are practical. The adjacent dining area boasts chic bonus cabinetry - perfect for creating a trendy coffee bar or adding extra storage and counter space. Slide open the double doors to reveal a delightful screened porch, your gateway to outdoor living. With two convenient side entries, you can easily access the newly updated concrete patio (ideal for that veggie garden you've always dreamed of) or step into your private backyard oasis. This fully-fenced outdoor retreat is an entertainer's dream, complete with a cozy firepit, spacious shed, and a play area that will make you the envy of the neighborhood. It's the perfect setting for everything from intimate gatherings to lively celebrations.
Ascend to the second level, where brand-new carpeting and fresh paint await. Two beautifully appointed bedrooms share a spacious hall bathroom, while the master suite is a true sanctuary. Featuring frosted glass sliding doors that open to reveal an expansive closet with custom organization, and a private ensuite bathroom, it's your personal retreat at the end of each day. The lower level is a versatile space that adapts to your needs. A bright rec room with a wood-burning fireplace and mini bar sets the scene for cozy movie nights or lively game days. A fourth bedroom, half bath, and generous storage/laundry room complete this level, offering flexibility for a growing family or work-from-home setup.
As a resident of the Columbia Association, you'll enjoy access to an array of amenities, including tot lots (with one just a 3-minute stroll away), lakes, community centers, and discounted pool and gym memberships. Outdoor enthusiasts will appreciate the proximity to Historic Savage Mill and the Patuxent Branch Trail, while commuters will love the easy access to major routes. This meticulously maintained home has been lovingly updated by its current owners, including a new roof, hot water heater, and HVAC system, ensuring peace of mind for years to come. Don't miss this rare opportunity to own your slice of paradise in Columbia. Schedule your viewing today and prepare to fall in love with your future 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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017