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8701 WINDSOR MILL ROAD
About This Property
Storybook charm and modern updates blend perfectly in this 3 bedroom, 2.5 bath stone Cape Cod set on a beautifully landscaped lot with mature trees and lush lawn. A stone walkway leads to the front door and into a welcoming foyer, where rich hardwood floors and a soft color palette carry into the sunlit living room. Here, a stone fireplace with a recently added wood burning insert creates a cozy focal point, while a side entrance opens to the covered stone porch overlooking the picturesque yard, an inviting setting for relaxing afternoons. A main level bedroom and full bath provide the ease of single level living or a comfortable option for guests.
The dining room features a bay window with peaceful tree views and flows into the adjacent kitchen, which offers stainless steel appliances, 42 inch cabinetry, and granite countertops.
Upstairs, the primary bedroom includes multiple windows and a walk in closet, while the second bedroom also enjoys abundant natural light. Both bedrooms feature charming dormer windows and mini splits for added comfort. A full bath serves this level.
The unfinished basement includes laundry, a partial bath, and convenient access to the garage. It offers excellent storage now with the potential to finish and customize to your needs in the future.
Recent improvements include a new roof in 2022, water heater, well pump, and pressure tank in 2021, and a wood stove insert in 2020. Outdoor updates include a paver patio and retaining wall completed in 2023. Combined with its beautiful setting, this home offers comfort, character, and room to grow.
Note: Select photos have been virtually staged
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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%.
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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.
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.
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About Randallstown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017