824 FRANCIS SCOTT KEY HIGHWAY
About This Property
The updated kitchen with a functional breakfast bar is perfect for casual dining and everyday living. The practical mudroom, designed for enhanced organization and ease, and the spacious covered porch, offering a placid spot to unwind and take in the surrounding countryside, make this home a haven of comfort and relaxation.
Upstairs, the primary suite, a spacious retreat, includes a generous walk-in closet, and the secondary bedroom offers a charming sitting or playroom-perfect for a home office, guest area, or creative space. The beautifully landscaped yard features mature shade trees and open green space ideal for outdoor entertaining, gardening, or simply enjoying nature's tranquility. Additional highlights include easy walk-up attic access for ample storage and multiple outbuildings offering flexibility for workshops, hobbies, or equipment storage.
This rare gem is offered with a home warranty, giving the next owner added confidence. With its rare combination of historic integrity and modern updates, this home presents a unique opportunity to own a distinguished piece of Maryland's heritage, making you part of an exclusive group of homeowners.
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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