4110 29TH STREET
About This Property
The renovated kitchen blends contemporary style with classic appeal, featuring white shaker cabinetry, granite countertops, a farmhouse sink framed by a picture window, stainless steel appliances, encaustic tile flooring, and a subway tile backsplash. Just off the kitchen, a newly added laundry area enhances everyday convenience. With two bedrooms and a full bath on both the main and upper levels, the home offers flexibility for a growing household, guests, or home offices. Updated bathrooms, replacement windows, and a modernized electrical system provide peace of mind. The lower level offers an open layout with excellent storage and a ready-to-finish space complete with a quarter bath, ideal for future expansion.
Step outside to your private backyard oasis, perfect for gardening, entertaining, or simply relaxing under the trees. A detached garage, full-length driveway with parking for four or more cars, and ample off-street parking make hosting easy. Just one mile from the Metro and moments from the heart of Mount Rainier, you're surrounded by local favorites like Pennyroyal Station, Mixt Food Hall, Glut Food Co-op, and Little Miner Taco. Move-in ready and full of personality, 4110 29th Street pairs vintage craftsmanship with modern comfort in one of Prince George's County's most vibrant communities.
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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 Mount Rainier
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017