8705 BELLS MILL ROAD
About This Property
Designed for both everyday living and entertaining, the main level offers a spacious eat-in kitchen, formal living and dining rooms, and a comfortable family room anchored by a wood-burning fireplace. A large mudroom and laundry room provide convenient access from the attached two-car garage, while the screened porch overlooks a generous, level backyard.
Upstairs, you'll find four spacious bedrooms on one level, including a generous primary suite featuring a walk-in closet and a private ensuite bathroom. Three additional well-sized bedrooms share a hall bathroom, offering plenty of space for family, guests, or a home office. Each bedroom is filled with abundant natural light and complemented by ample closet space.
The fully finished lower level offers abundant additional living space, perfect for a recreation room, home gym, or playroom, and includes a fifth bedroom and full bathroom, ideal for guests or extended family.
The location is truly exceptional. Just steps from Buck Branch Neighborhood Park, you'll enjoy easy access to tennis and basketball courts, a soccer field, playground, and the popular Tallyho Swim Club. The home is also within walking distance of highly rated public schools and offers quick access to I-270, I-495, and an abundance of shopping, dining, and parks.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017