908 CREEK DR
About This Property
Noteworthy features of the home: steel framing and steel elements throughout, hand troweled concrete countertops and hearth, radiant heat flooring in bathrooms, state of the art appliances and systems, Rinnai tankless water heater, wood burning fireplace, second floor laundry, custom wood and steel work throughout, a well designed pantry, amazing primary suite with spa bath and incredible closet, custom lighting, expansive balconies and decking, vegetative roofing, remote Lutron lighting and shades (very cool), security and camera system, deep water dock with electric and water, 8,000 lb boat lift, separate floating dock with paddle board stand, tandem 2 car garage, partially finished basement with room to expand, ample storage, unique plantings and metal landscape elements.
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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
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$3,000 /mo
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- 1 Bath
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$3,000 /mo
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- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017