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8901 TOWNSEND LANE
About This Property
Step inside to discover gleaming hardwood floors and recessed lighting throughout, creating bright and inviting living spaces ideal for both everyday living and entertaining. The stunning kitchen boasts contemporary finishes and seamlessly flows into the home's main living areas. Downstairs, the finished basement includes a custom wet bar, making it the perfect space for hosting family and friends.
Outside, you'll find a large, flat backyard that is fully fenced, providing plenty of room for pets, play, and outdoor gatherings. The expansive driveways offers off-street parking for up to six vehicles-a rare and valuable feature-and the home has already been wired for EV charging, adding modern convenience for today's homeowner.
Perfectly situated for commuters, this home offers easy access to Northern VA, Washington, D.C., and Baltimore, making it an ideal location for those seeking a convenient commute without sacrificing space and comfort.
With its classic brick exterior, extensive renovations, thoughtful upgrades, generous parking, and exceptional location, this home is ready to welcome its next owners.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017