8113 VENTNOR ROAD
About This Property
Discover a one-of-a-kind waterfront masterpiece in the heart of Anne Arundel County's coveted Lake Shore community, where luxury meets serenity on the shores of Bodkin Creek with seamless access to the majestic Chesapeake Bay. Meticulously transformed with over $676,000 in premium upgrades (including a stunning $386,000 pool and landscaping redesign), this extraordinary property offers an unparalleled resort-like lifestyle that's impossible to replicate today due to strict county regulations prohibiting new pools within 100 feet of the waterline-making this grandfathered gem truly irreplaceable.
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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