898 GORDON DR
About This Property
Welcome to this charming split-foyer home located in the desirable subdivision of Wellington in Glen Burnie. This inviting residence features 3 spacious bedrooms and 2 full baths, offering ample space for comfortable living.
The highlight of the home is the expansive family room and game room combination, complete with a cozy wood-burning fireplace, perfect for entertaining or relaxing with family and friends. The versatile basement includes a bonus room that can be used as an office, guest room, or any space you desire.
Step outside to the large deck and generously sized fenced backyard, providing a private oasis with a privacy fence, ideal for outdoor activities and gatherings. Parking is convenient with both a driveway and on-street options available.
Experience the perfect blend of comfort and convenience in this delightful Glen Burnie home.
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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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About Ferndale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017