8329 SAIL COURT
About This Property
The second level of this beautiful home features SOLID HARDWOOD FLOORS throughout, a PRIMARY BEDROOM with plenty of closet space and an UPDATED PRIMARY ENSUITE BATH with WALK-IN SHOWER and UPDATED VANITY. Three (3) additional large Bedrooms and a nice-sized UPDATED HALL BATH complete the second level of this home.
The partially finished BASEMENT is a perfect place to host your Superbowl parties featuring a large RECREATION ROOM, a BONUS ROOM/5th BEDROOM/HOME OFFICE and a large STORAGE ROOM with LAUNDRY. The storage room could be finished if you desire more living space in the basement. The home also features a 3 CAR, SIDE-LOAD GARAGE, providing ample space for parking, storage or a workshop area. ROOF (replaced in 2025 - warranty transferrable to buyers), HVAC (replaced in 2022), Siding (replaced in 2019), Thompson Creek Windows (10 years old) and New Front Door. PORTABLE GENERATOR conveys.
Cedarwood Cove Community is situated near Chesapeake HS, Chesapeake Bay Middle and Bodkin Elementary. Not only are the schools just a few minutes away, but there are trails that can be used to walk or ride your bike. The community recreation area is only a few blocks away and includes a PLAYGROUND, access to the cove for kayaking or fishing and a COMMUNITY POOL with a PAVILION. Cedarwood Cove is known for its community events during the summer and holiday seasons. Local grocery stores, dining, entertainment and more are all within a few miles! Convenient to major commuter highways to Baltimore, Annapolis and Washington, DC
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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