2904 KERNAL LANE
About This Property
Step inside to find pristine floors and a fresh interior, both updated just 2 years ago, with the home professionally painted in November 2024. The roof and solar panels were also installed 2 years ago, maximizing both energy efficiency and savings. The HVAC system is only 4 years old, ensuring year-round comfort, and the whole-house water filtration system (3 years old) adds a level of wellness and luxury to your daily life. You'll also appreciate the updated windows (5 years old), offering natural light, energy efficiency, and improved sound insulation.
The remodeled bathroom adds a sleek, modern touch, while the upstairs loft provides a flexible space perfect for a home office, game room, or reading nook.
With nearby parks, shopping, and dining. Easy access to Metrobus, major highways, and just minutes from D.C.-a perfect blend of comfort, efficiency, and convenience
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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 |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by KW Metro Center | $370,000 | |
| Listed by KW Metro Center | |||
| Apr 8, 2025 | Listed by KW Metro Center | $370,000 | |
| Listed by KW Metro Center | |||
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Welcome to 2904 Kernal Ln — a beautifully maintained home blending comfort, style, and convenience in one of the area’s most desirable neighborhoods. This residence has been thoughtfully updated over the years, offering peace of mind and modern living.
Step inside to find pristine floors and a fresh interior, both updated just 2 years ago, with the home professionally painted in November 2024. The roof and solar panels were also installed 2 years ago, maximizing both energy efficiency and savings. The HVAC system is only 4 years old, ensuring year-round comfort, and the whole-house water filtration system (3 years old) adds a level of wellness and luxury to your daily life. You’ll also appreciate the updated windows (5 years old), offering natural light, energy efficiency, and improved sound insulation.
The remodeled bathroom adds a sleek, modern touch, while the upstairs loft provides a flexible space perfect for a home office, game room, or reading nook.
With nearby parks, shopping, and dining. Easy access to Metrobus, major highways, and just minutes from D.C.—a perfect blend of comfort, efficiency, and convenience
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| Jan 24, 2025 | Listed | $369,900 | |
| Listed | |||
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Newly renovated beautiful Cape Cod with 3 BD/1 BA, new appliances, new carpet/linoleum flooring, solar panels , new deck, new air conditioning/heating and a spacious fenced-in backyard for family gatherings. Nestled in a quiet neighborhood with access to public transportation, you will be in close proximity to schools, parks, restaurants, shopping, live entertainment, National Harbor and the MGM casino.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017