2717 FORT BAKER DRIVE SE
About This Property
Located in a neighborhood experiencing continued revitalization and investment, this property is just minutes from Skyland Town Center, shopping, dining, parks, public transportation, and major commuter routes with easy access to downtown DC, Maryland, and Northern Virginia. Strong demand for multifamily housing, combined with significant upside through renovations and strategic improvements, makes this an outstanding opportunity for both seasoned investors and first-time multifamily buyers. Multifamily properties with this level of potential are hard to find-bring your vision and unlock the full value of this exceptional investment opportunity.
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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 |
|---|---|---|---|
| Aug 8, 2026 | Listed by Long & Foster Real Estate, Inc. | $450,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017