12117 WHEELING AVENUE
About This Property
On the main floor, a spacious living room greets you with vaulted ceilings and natural light. The dining room is accented with crown molding and sits just off the kitchen and family room, both of which feature hardwood floors. The kitchen includes space for a table and connects seamlessly to the family room, where sliding doors lead to a screened-in, covered balcony-ideal for enjoying the outdoors in any season. A half bath completes the main level.
Upstairs, you'll find four bedrooms, including a primary suite with an attached bath, as well as a hall bath serving the remaining bedrooms. The layout provides options for shared living, guest space, or home office use.
The walk-out lower level is open and versatile, with a utility and laundry area, access to a second covered deck, and a rough-in for a future bathroom-offering the potential to expand finished living space. The backyard includes hardscaping and mature trees, creating a peaceful setting for outdoor gatherings or quiet moments. A detached two-car garage sits just steps away, connected by a covered walkway.
Marlton is a well-established community offering a range of amenities, including a swimming pool, tennis courts, playgrounds, walking trails, and a clubhouse. Residents enjoy a balance of green space and convenience, with nearby parks such as Rosaryville State Park and Watkins Regional Park, along with local attractions like the Prince George's Equestrian Center and the Show Place Arena.
Commuters benefit from easy access to Route 301, Route 4, and the Capital Beltway, providing options for travel into Washington, DC, Joint Base Andrews, and other employment centers. Major area employers include MedStar Southern Maryland Hospital and various federal agencies. Shopping, dining, and entertainment options are plentiful at Marlton Plaza, Brandywine Crossing, and the Shops at Waldorf Center, with additional destinations in National Harbor and Alexandria just a short drive away.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017