9013 COLESVILLE RD
About This Property
Indulge in the pinnacle of modern living with recent upgrades that redefine convenience. The home's recent upgrades include a new roof, upgraded electrical panel, hot water heater, and central air conditioning, ensuring both style and efficiency. Notably, while not all windows are hurricane-resistant, the front windows are specifically designed as robust hurricane windows, providing both security and tranquility. The basement windows, on the other hand, are tailored for enhanced security, offering a comprehensive solution to your safety and comfort needs. The gracious high-ceilinged main floor, adorned with crown molding (an elegant addition, not original to the home), becomes a serene haven complemented by the thoughtful design of hurricane and security windows.
Experience culinary delight in the large eat-in kitchen, a space that seamlessly blends functionality and style. Hardwood floors grace the entire home, adding warmth and character to each room.
The property's layout is a canvas of possibilities. Currently configured with an accessory apartment on the upper level and an in-law suite in the lower level, it offers a unique income potential. Need a single-family home instead? Easily revert to that desired layout.
Escape to your own private retreat in the partially fenced rear yard, where you'll discover the delightful "she-shed" – a secluded space for personal pursuits or moments of tranquil reflection. Convenience is at the forefront with an easement providing easy access to the side street, and the attached garage includes a separate heated/cooled storage room, making organized living a breeze.
This residence is more than a home; it's a lifestyle choice. Whether you're looking for a savvy income property or a distinctive retreat, 9013 Colesville Rd is the epitome of sophistication and functionality. Embrace the unique charm of Silver Spring living in this updated haven and make it yours today.
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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