8807 GRAMERCY LN
About This Property
Open concept eat-in kitchen has new quartz counters, new stainless appliances, extra storage, new tile flooring and back splash, and new french doors leading to the back yard.
More to come.....
This home is just waiting for your custom touch!
The Montpelier Community features a private pool, tennis and basketball courts, playground, and ball fields.Centrally located directly off Laurel Bowie Rd (Route 197), minutes from Baltimore-Washington Parkway, I-95, I-495 and the Inter-County-Connector (ICC). Just minutes from Laurel's Historic Downtown Main Street District.
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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