3903 COMMANDER DR
About This Property
Adjacent to The University of Maryland College Park Campus offering Big 10 sports, The Clarice Smith Center for the Performing Arts and Summer Camps, 3903 Commander is also close to Riverdale Station (Whole Foods, Golds Gym, Loads of Restaurants) and the trail to Riverdale Town Market (offering Outdoor Entertaining, Tastings and more!) and Riviera Tapas, BBQ, etc. Exercise trails are everywhere and Trader Joes and The Purple Line are coming! Sold Strictly AS IS but don't let that fool you, it's adorable and you can move right in!
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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 |
|---|---|---|---|
| Feb 8, 2023 | Sold | ||
| Sold | |||
| Sep 23, 2022 | Listed by Long & Foster Real Estate, Inc. | $665,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017