9907 RICHLYN DR
About This Property
Welcome to this charming meticulous, original owner, 4-bedroom, 3-bathroom rancher with endless potential! Nestled in a quiet neighborhood backing to Gunpowder, this home features a lower-level in-law suite and a spacious 2-car workshop. The main floor boasts hardwood floors preserved under the carpet, with an abundance of large windows, multiple entrances on the main floor with storm doors, and an entrance waiting for your mudroom. The living room and primary bedroom offer cedar closets, and the primary bedroom includes an attached full bathroom.
The updated kitchen features stainless steel appliances and gas cooking. Downstairs, lower level can be transformed into a rec room or in-law suite including, a separate entrance, a full kitchen, appliances, a bar, and a cozy fireplace. There's also a bonus room for storage, an office, or a den.
Outside, enjoy the wrap-around driveway, extra-large garage with a side entrance, garage attic w/steps, and a spacious yard perfect for adding a deck or patio. The property is equipped with an invisible fence for pets, a flat yard, and backs onto the beautiful woods of Gunpowder.
The location is nestled in a quiet non thru street in Perry Hall close to 95, 695, lots of shopping, restaurants, and lots of shopping.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Cummings & Co. Realtors | $400,000 | |
| Listed by Cummings & Co. Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017