1804 METZEROTT ROAD #A3
About This Property
The manager has listed the unit size as 610 square feet.
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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%.
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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 |
|---|---|---|---|
| Jul 5, 2021 | Sold | ||
| Sold | |||
| Jun 26, 2021 | No longer available | - | |
| No longer available | |||
| May 11, 2021 | Listed | $95,000 | |
| Listed | |||
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LOCATION! LOCATION! LOCATION! Welcome to this spacious and sunfilled unit, with a large terrace located on the ground level. Miticoluolusy maintained and recently updated, floors, kitchen, and bathroom are ready for the new owner. It is minutes from DC, University of Maryland, Montgomery County, major routes' 495, 95, New Hampshire Avenue, and public transportation. The low condo fee makes this property a great starter home or income-generating investment opportunity!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/22/2025
|
3 Bed
|
2 Bath
|
1099 ft²
|
$189,800
3 Bed
2 Bath
1099 ft²
|
$182,500
-3.85%
05/13/2025
|
Jitendra Motwani
Valu
| |
|
05/11/2021
|
1 Bed
|
1 Bath
|
610 ft²
|
$100,000
1 Bed
1 Bath
610 ft²
|
-
-
|
-
| |
|
08/23/2020
| |
3 Bed
|
2 Bath
|
-
|
$160,000
3 Bed
2 Bath
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
About Adelphi
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017