9604 OLD SPRING ROAD
About This Property
Step outside to your own private oasis featuring a 20 x 12 heated saltwater pool with swim jets, tranquil water feature, auto cover, and a large jacuzzi hot tub. A double outdoor shower adds to the resort-like experience-ideal for summer living and entertaining.
The main level welcomes you with a deep front porch and spacious foyer. Here, you'll find one of two primary suites with walk-in closet, ensuite bath, and direct access to the pool and outdoor shower. A gourmet kitchen with walk-in pantry, open dining area, expansive living room, and screened-in porch complete this level.
Upstairs offers a second luxurious primary suite with spa-like bath, heated floors, and skylight, along with a cozy lounge/sitting area and two additional bedrooms and bathrooms.
The lower level features a large family/rec room with wood-burning fireplace, sitting area, wine bar, powder room, and a versatile workroom-ideal for crafting, projects, or a home office.
Enjoy year-round comfort with ceiling fans on both porches and warm evenings by one of the home's fireplaces. The professionally landscaped yard with mature trees and irrigation system enhances both beauty and privacy.
Blending modern luxury with timeless charm, this exceptional home just steps to Rock Creek Park, is a must-see.
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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 South Kensington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017