1247 DELAFIELD PL NE
About This Property
Natural light floods through, creating an inviting and vibrant atmosphere. With fresh paint throughout, the interior is a canvas awaiting your personal touch. Step inside to discover an upgraded kitchen and bathrooms. The electric roll-up garage provides convenience and security, while the front and back yards offer a slice of outdoor paradise. The backyard also guarantees privacy, creating an oasis perfect for relaxation and gatherings.
Location is the cornerstone of 1247 Delafield. Perfectly positioned near three pivotal Metro Stations (Fort Totten, Brookland, and West Hyattsville), commuting is a breeze. Foodies and shopaholics will revel in the dining and shopping experiences along Brookland's iconic 12th St row. This residence sits amid the pulse of Brookland's thriving amenities and is in the vicinity of the budding developments near Fort Totten. Furthermore, the burgeoning Route One Corridor, inclusive of Mount Rainier and Hyattsville, is merely a stone's throw away.
This home qualifies for the Journey Home Program. If a buyer qualifies, the interest rate will be below market rate, with no PMI, a minimum 3% down payment, and a $10,000 grant that can be used to lower the rate!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Sep 17, 2023 | In contract | - | |
| In contract | |||
| Sep 7, 2023 | Listed by RLAH @properties | $600,000 | |
| Listed by RLAH @properties | |||
| Apr 21, 2017 | Sold | ||
| Sold | |||
| Mar 1, 2017 | Listed by Century 21 Redwood Realty | $487,500 | |
| Listed by Century 21 Redwood Realty | |||
| | |||
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Comp Purposes only
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About Northeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017