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910 SHADY LANE DRIVE
About This Property
Charming 2/1 with oversized primary bedroom situated on a quiet street in a highly sought after neighborhood. Walk to shopping, restaurants, and what College Park has to offer. Large lot with newer roof (2023), brand new tankless water heater, newer refrigerator, and a gas range for cooking. There is a detached garage for parking and for your storage.
Two screened in porches, one up front, and one out back to sip your morning coffee and enjoy the start of the perfect day. A grand entry with a spacious great room featuring hardwood flooring greets you during your first steps from the front door.
Book your private tour today!
**This house comes with a REDUCED RATE through the seller's preferred lender. This is a lender-paid rate buydown that reduces the buyer's interest rate and monthly payment.**
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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 College Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017