9624 REACH RD
About This Property
The expansive family room is complete with a fireplace and numerous windows. French doors lead to the screened porch and outside patio. In the large, updated kitchen discover stainless appliances, double ovens, a center island with farm style deep sink, generous cabinets, and an adjacent dining room and with built-in shelving, making this chef's kitchen the true heart of the home. Picture windows along the rear provide views of the flat rear yard, perfectly sized for all one's outdoor activities.
Upstairs discover the laundry room, four bedrooms including an owner's suite, two full baths and a half bath, all providing plenty of private space.
The thoughtfully designed, newly finished walk-up lower level offers a recreation room, wet bar, full bath, gym and access to the tandem two car garage. There is an abundance of storage space.
Enjoy the convenience of living in a quiet neighborhood near award winning schools & parks, and just minutes from Potomac Village, Cabin John Village, houses of worship, terrific restaurants and major transportation routes.
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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