9 ROMAR DRIVE
About This Property
This spacious 4-bedroom, 3-bathroom home features a bright and inviting interior with gleaming hardwood floors, a cozy fireplace, and a beautifully updated kitchen. Recent upgrades include a brand-new kitchen with a new range, dishwasher, garbage disposal, and freshly painted cabinets with stylish hardware. The kitchen has been enhanced with newly tiled floors and an expanded pantry for added storage.
Additional updates include all-new insulation throughout the home, new water treatment equipment (including a chemical feeder and UV bacteria light), a new front-loading washer and dryer, and new blinds for a fresh and modern look.
Step outside and enjoy the serenity of your large private lot, complete with a gorgeous, totally secluded heated and chilled swimming pool, freshly cleaned and ready for summer enjoyment. The community offers even more perks, with a marina just steps away and a quaint street with no through traffic ensuring peace and privacy.
Come experience the charm and beauty of 9 Romar Drive. This home truly has it all – comfort, style, and a prime location in Annapolis. Don't miss the opportunity to make it yours!
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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 Annapolis Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017