2205 PRICHARD RD
About This Property
Downstairs is an unfinished basement with a vast amount of storage, a full bathroom (the shower is "as is"), and a laundry area. The downstairs could easily be finished out to provide excellent living space. This versatile level provides extra space and the opportunity to make your own design choices.
This lovely property has two car off street parking and is on a corner lot with mature landscaping. Ideal location, just steps to the Wheaton Metro station, Wheaton Mall, and Costco. Minutes from Historic Kensington and the MARC train. Easy, convenient living! Nearby parks include Wheaton Forest Park, Glen Haven Neighborhood Park, and Evans Parkway Park. Offers, if any due 10am Tuesday, October 24.
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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 |
|---|---|---|---|
| Nov 20, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2023 | In contract | - | |
| In contract | |||
| Oct 17, 2023 | Listed by Long & Foster Real Estate, Inc. | $449,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017