Homeowners

Yarmouth Management Review - Property Management and Rentals

Alcove Team · 7/2/22

Yarmouth Management Review - Property Management and Rentals

Yarmouth Management is a property management company that is located in Washington, DC, specifically in the Capitol Hill neighborhood. They offer management services for property owners and apartments for renters including agents, maintenance, contractors, and financial staff.

At a quick glance, Yarmouth Management operates for both renters and owners. Yarmouth Management has 3 out of 5 stars on Yelp from 80+ reviews and 3.5 out of 5 stars on Google from 30+ reviews.

Renters

Yarmouth Management currently has 13 available listings in the Capitol Hill neighborhood with prices ranging from $1,400 per month for a 1-bed, 1-bath apartment to $6,000 per month for a 5-bedroom 3.5-bath house.

Below are the general price ranges for units listed by Yarmouth Management.

  • Studio: $1,850 (only one available at this time)

  • 1-bedroom Apartment: $1,400 to $2,495

  • 2-bedroom Apartment: $1,975 to $2,600

  • 2-bedroom House: $2,100 to $3,200

  • 3-bedroom: $3,900 (only one available at this time)

  • 5-bedroom: $6,000 (only one available at this time)

Owners

Yarmouth Management offers both services to rent out your property and the option to manage it then. You will find a summary of both below.

Rental Services

Appraisal: Before listing your property, Yarmouth Management will perform a walk-through and compare your property to other listings in order to find a fair listing price for your rental property.

Listing + Showing: As a part of their rental services, they will list your property in several places including rental websites, rental email lists, and through paid advertisement. Showings are only given to individuals with identification and completed with an agent.

Applications + Lease: Yarmouth Management will then handle the application process which includes checking identification, background, and credit worthiness, before presenting the appropriate applicants to you for final decision. The management company will then write up a lease agreement and provide you with all the required Federal and District government documents.

Management Services

Once you have rented your property, there is the option to have Yarmouth Management continue managing your property. 

Financial Management: Yarmouth Management will collect all rent and pay the designated utilities that you choose. They will provide you with a summary of expenses each month and pay rent to you via direct deposit.

Maintenance: In terms of maintenance, they respond to all requests from the renter and have a team to reduce costs on your end. 

Fees: Yarmouth Management does not disclose their charges to rent your property or to manage it. You will have to contact the office directly to get an accurate price.

Consider Alcove as a Property Owner to Maximize Rental NOI

As explained in this article, Alcove offers a co-living rental opportunity that can provide property owners with a maximized return. Using a per-bedroom rental model can optimize leasing while lowering rental costs. Alcove focuses on quality tenants, maximizing occupancy, and NOI through decreasing rental payment risk by having multiple tenants instead of one or two incomes.

Unlike Yarmouth Management, Alcove is not a property management company. However, Alcove offers similar trusted services such as streamlining tenant payments and logistics and aiding in listing distribution. Our co-living and per-bedroom model is innovative and offers a unique opportunity compared to other property management companies. By working with a co-living model, you as a property owner can maximize your benefits while offering tenants affordable living.

Alcove offers the resources and processes you need to list and get the most value from your rental property. Start benefiting from a co-living model by listing your property with Alcove today!

Renting? Consider Alcove for a better, more affordable option

Renting with Alcove will give you access to shared living options that are more affordable than a studio or single-bedroom apartment. You also will gain a great community, automated utility setup and payments, and even moving help. 

With properties being regularly listed around the country, the world is yours with Alcove.