12
Map
4407 PAYNE DRIVE
About This Property
Enjoy a spacious lot with front, side, and rear yard space-ideal for outdoor entertaining, recreation, and relaxing. The finished lower level adds even more usable living space and flexibility. Conveniently located near shopping, dining, major commuter routes, National Harbor, and Washington, DC. With its size, versatility, two kitchens, and multiple living spaces, this home offers possibilities that are hard to find. Come see it for yourself!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by Sell Your Home Services | $565,000 | |
| Listed by Sell Your Home Services | |||
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Jan 12, 2025 | Listed by EXIT Deluxe Realty | $515,000 | |
| Listed by EXIT Deluxe Realty | |||
| | |||
|
What a gem! This deceptively spacious property is a true standout, offering six generously sized bedrooms and two gourmet kitchens. Each located on separate levels, making it ideal for additional personal use or creating rental income with a private basement apartment. The main and lower levels have been designed with style and functionality in mind, featuring high-end finishes, designer countertops, and premium flooring throughout. The home boasts a versatile outbuilding that can be transformed into a home office, creative studio, indoor hot tub retreat, or additional storage space. It could even be converted into a larger dwelling with permission. The welcoming porch adds charm and flexibility, perfect for morning coffee or evening relaxation. The backyard is expansive and private, making it an entertainer’s dream or a serene retreat for social gatherings. Upgrades include brand-new roofing, a state-of-the-art HVAC system, and countless modern enhancements that elevate the property to an unparalleled standard. Bring your most discerning buyers to see this meticulously renovated home—they won’t be disappointed! Schedule your showing today! All information provided is deemed reliable, but is not guaranteed and should be independently verified.
| |||
| Oct 11, 2024 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017