Lender financing special on this home with interest rates in the
mid-high 6s- call for details! Spacious 5-bedroom, 3-bath Cape Cod
backing to majestic trees in the sought-after Montpelier community,
featuring a charming front porch, two-car garage, large patio, and
fresh paint and new carpet. The main level offers two bedrooms and
two full baths including the primary suite, while the upper level
includes three additional bedrooms and a full bath. The open foyer
welcomes you and ushers you into the expansive living room where a
large bay window fills the space with natural light illuminating
gleaming hardwood floors, recessed lighting and a cozy fireplace.
The dining room with hardwood flooring is accented by chair rail
adding refined style. The kitchen features granite countertops,
stainless steel appliances, abundant cabinetry and a breakfast bar
opening to the family room with sliding glass doors opening to the
large concrete patio and private fenced backyard backing to mature
trees, ideal for indoor and outdoor gatherings and simple
relaxation. The primary suite boasts windows on two walls, chair
rail, and an ensuite bath with a glass enclosed walk-in shower. A
second generously sized bedroom and an additional full bath add
versatility and convenience. A laundry room with cabinets, sink and
backyard access round out the main level. Upstairs, you'll
find three additional bright and cheerful bedrooms sharing access
to the hall bath with a tub/shower combo. A large walk-in attic
provides lots of storage space. Major updates include the roof
(2020), furnace (2016), air conditioner (2021) and water heater
(2021). Montpelier offers exceptional amenities, including an
outdoor pool with waterslides and a diving board, a baby pool, a
playground, tennis and basketball courts, soccer, football and
baseball fields, sand volleyball and walking paths. Conveniently
located near shopping and entertainment, the MARC train station,
Fort Meade, Baltimore and Washington, D.C., with easy access to
I-95, the Baltimore-Washington Parkway and ICC/Route 200. Beginning
photos are virtually staged.
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.
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