3805 OGLETHORPE ST
About This Property
The main level boasts a tastefully redone kitchen with newer stainless steel appliances, washer and dryer (2022) and an open floorpan that flows from dining room to the living room, family room and kitchen, and is equipped with a full bathroom. The second floor consists of an ample primary bedroom, three additional sunny bedrooms and a full bath.
This home also has a spacious below-ground cellar that is accessible from the kitchen. There you will find the recently replaced sump pump & water heater (2021) and HVAC unit.
The large, fenced back yard is level ground perfect for outdoor activities and includes a shed for all your gardening or hobby equipment. The driveway will accommodate up to 3 cars and there is also on street parking.
Located a short walk from the Mall at Prince George's, Hyattsville Crossing Metro Station and countless shops and restaurants!
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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 Hyattsville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017