9210 MORLEY RD
About This Property
The split foyer style of this home means that the living space is generous and equally distributed between both levels and the bonus den/rec room located just off the foyer gives flexible and additional living space that most other models do not have! This home features over 1600 sq ft of living space, and the upper-level features three well-appointed bedrooms, including an expansive primary suite that utilizes the entire rear portion and features an en-suite bathroom, walk-in closet, and oversized windows for warm and diffuse natural light all day! In addition to the bedrooms, there is a full hall bath with a tub and shower combination, along with an expanded galley kitchen that has two oversized windows, granite counters, recessed lights, and stainless steel appliances. The solid flooring has been well maintained, and the rear brick accent wall gives an additional texture and aesthetic touch to the open-concept living room/dining room. This home leaves space for the new owner to further come in and update and customize but is move-in ready and perfect for value-driven owner occupants or investors looking for a quality single-family rental! This home conveys with Purchased Solar panels so you get to take advantage of the savings on energy and potential tax advantages of an OWNED Solar energy system.
The reason you will want to buy this home is the pool and the private backyard oasis including a newly rebuilt/ reinforced shed for even more storage. Pools are rare in our area, but even rarer is having a pool that works and is in great shape, and has a great yard around it with functional planters and garden space, (especially at this price point). The central Prince George's County location presents outstanding options for vital amenities close by, and a short commute back down into DC or north to Baltimore or a quick trip on US - 50 to the east to get to Annapolis and the Chesapeake Bay. The new UMD medical center at New Carrollton is just around the corner, and all your shopping needs are close by at Vista Gardens Shopping Centre and Woodmore Town Center! Do not wait and come check out this outstanding opportunity today!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017