4319 12TH PLACE NE
About This Property
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by TTR Sotheby's International Realty | $924,900 | |
| Listed by TTR Sotheby's International Realty | |||
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by Keller Williams Chantilly Ventures, LLC | $565,000 | |
| Listed by Keller Williams Chantilly Ventures, LLC | |||
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Here’s your chance to own a solid home in the highly sought-after Brookland neighborhood! Priced $155k below its assessed value, this one is a true bargain. It does need some TLC, but with original wood floors, 3 levels of space, and a walkout basement, the potential is huge. The gas water heater and stove are already in place, and the fenced-in yard with a garage adds even more value. Whether you’re looking to renovate and build equity or just make it your own, this could be the golden opportunity you’ve been waiting for.
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Property Highlights
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About Northeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017