9123 BRADFORD RD
About This Property
The main level has a bright and welcoming foyer with a wall of large windows with custom blinds. The home has maintained some of its classic charm with a side door from the foyer to the living room giving a light and airy feel throughout. The interior of the home features hardwood floors, fresh paint throughout, stainless steel appliances in the kitchen and 2 bedrooms and 1 full bathroom on the main level.
There are steps to a full attic that could be made into additional living space.
The lower level is partially finished with additional living space, a full bathroom, cozy corner fireplace and recessed lighting. There is a large storage space with laundry and steps that lead up to the screen porch.
The backyard is spacious with mature trees, professionally landscaped and very private. The fenced-in space has a brick patio that provides ample space for outdoor activities and entertaining.
Noteworthy updates over the years include foyer and kitchen flooring (2023) paint throughout (2023) modern light fixtures (2020) roof (2017) AC unit (2015).
Highland View is conveniently located to downtown Silver Spring, Sligo Creek Trails and Parks, public transportation, shops, dining, Long Branch Library, 495 and so much more!
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017