8222 CORNWALL ROAD
About This Property
Inside, you'll find a layout that just makes sense - bright living spaces, an updated kitchen, and well-cared-for finishes throughout. The fully finished lower level adds even more usable space, whether you need a playroom, home office, or second living area. Outside, the huge fully fenced yard is a rare find, offering plenty of room for entertaining, gardening, or letting the pups run free!
Location-wise, you're right in the sweet spot - just minutes from the water, local marinas, Inverness and Merritt Point Parks, and all the charm Dundalk has to offer. Enjoy easy access to I-695, 95, and downtown Baltimore, while being tucked into a quiet street where neighbors still wave and parking isn't a problem. It's the kind of neighborhood that feels like home - with the space and updates to match.
Don't miss this one - homes like this don't come up often.
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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