8311 CANYON OAK DRIVE
About This Property
Enter into the bright and open two story foyer, with formal dining room and lovely gourmet kitchen to the left, and a spacious office with beautiful, double french doors to your right. The open concept living space makes this home perfect for entertaining, or a quiet night in. There's a large comfy living room with huge windows and a cozy fireplace. The kitchen offers stainless steel appliances, gorgeous granite countertops and space for another dining area on the way to the patio. A large, two-level island with breakfast bar seating, provides yet another space to sit and eat, or chat with the cook.
Beautiful oak hardwood stairs lead up to the upper level with an inviting loft area overlooking the open foyer and dining room. This carpeted space is a great 2nd family room or office, library, playroom or workout room. The primary bedroom has vaulted ceilings, an enormous walk-in closet, and ensuite bathroom with a luxurious soaking tub, large glass shower, and double sinks. There are two additional bedrooms on the upper level, as well as a laundry room with a handy utility sink, and another full bath. Additional upgrades include custom closets, upgraded paint, and tailored window coverings.
The newly finished lower level has a 4th bedroom with egress window, full bathroom, and yet another family room with custom shelving, and a staircase to the backyard giving guests plenty of privacy to come & go as they please. The basement includes a smartly designed 432sf storage room, as well.
The community of Arundel Forest is beautifully maintained and landscaped with wonderful amenities including trails, playgrounds, nearby pool, and a clubhouse with fitness center. Easy access to I-75, I-295, I-95, MD-32, and MD-100, and a short distance to restaurants, shops, Fort Meade, Columbia, Baltimore and much more! Opportunities in this coveted neighborhood don't happen often - don't miss this gorgeous home! *ASSUMABLE VA LOAN FOR A VETERAN AT 2.375% INTEREST RATE
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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.
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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