9203 RICE AVENUE
About This Property
Welcome to your dream home at Woodmore Towne Centre, nestled in the heart of Central Maryland and Prince George's County. This stunning residence, just 8 years young, embodies the epitome of modern elegance. Step into luxury with the DR Horton Portsmouth Model, boasting a captivating stone front and not one, but two charming front porches, offering picturesque views and relaxation spaces.
This boutique-style single-family home stands apart from the rest, offering over 4500 square feet across three meticulously finished levels. The unique design features an expansive open floor plan, accentuated by upscale finishes throughout. From the moment you enter, you're greeted by an inviting ambiance, with an enclosed dining area, a cozy living room, and a family room adorned with a gas fireplace, perfect for intimate gatherings.
The gourmet kitchen is a chef's delight, showcasing stainless steel appliances, 42-inch maple cabinetry, and an oversized center island ideal for culinary adventures or casual dining. Adjoining is a breakfast room, bathed in natural light, with sliding doors leading to a sprawling backyard, offering endless possibilities for outdoor entertainment.
The upper level is a sanctuary of comfort and luxury. The owner's suite exudes sophistication, featuring a serene sitting area, a lavish owner's bath with a separate soaking tub and shower, and custom closets designed by Closet America for impeccable organization. Three additional bedrooms offer ample space and versatility, with one transformed into a custom closet fit for royalty.
The lower level is an entertainer's paradise, with a fully finished recreation area, a bedroom with egress window, and a media room perfect for movie nights or hosting guests. This home also boasts convenient metro access, proximity to shopping and entertainment, and access to Woodmore Towne Centre amenities, including a clubhouse, gym, lap pool, playgrounds, and sports courts.
Don't miss your chance to own this exquisite residence! Join us for an Open House on Sunday, April 7th from 2pm-4pm. Schedule your appointment today, as this gem won't stay on the market for long.
The location of the property makes the home eligible for Community Lending which offers a discounted interest rate and much lower mortgage payment. Contact for more information.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017