3000 EDGEWOOD RD
About This Property
WELCOME to the cutest little home in Kensington- with fresh paint throughout, new light fixtures, a new A/C, newer gas stove, and a new front walk and window boxes, this home exudes charm. Enjoy tranquil autumn days on the back deck.
SITUATED on a perfect spacious flat corner-lot bordering Capitol View Homewood Park - adjacent to a stand of beautiful trees, and nearby playground, baseball field, and tennis/pickleball courts in Kensington's sought-after Homewood neighborhood.
TAKE A STROLL into the town and have a brew at Babycat Brewery, a sandwich at Old Town Market, stop by the farmers market, take an art class, grab a taco, or hop on the Kensington Marc train for an easy trip to downtown DC - or points north for that matter!
FOR: Perfect for someone looking for a smaller house or someone looking for a great lot with room to expand.
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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.
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About South Kensington
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$4,000 /mo
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017