4444 Potomac Avenue
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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%.
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Allie Beth Allman & Assoc. | $3,575,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Nestled in the heart of University Park, this classic residence spans approximately 4,700 sqft, offering a timeless floor plan enriched with exquisite upgrades and thoughtful spaces. The lower level features an ensuite bedroom, study, family room, and a breathtaking kitchen with an oversized island, Sub-Zero refrigeration, wine storage, and a spacious walk-in pantry. Upstairs, the primary suite showcases hardwood floors, a generous closet, and a tranquil bathroom with a tub and walk-in shower. Also, discover 4 bedrooms, each ensuite, along with an oversized laundry room featuring a sink and folding area. Step into the backyard retreat, complete with a sparkling pool and inviting turf area, perfect for entertaining or relaxation. With meticulous attention to detail and abundant storage throughout, this impeccably crafted home offers a perfect blend of sophistication and comfort in an unbeatable location.
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| Jun 22, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by Allie Beth Allman & Assoc. | $3,125,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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High quality, well-maintained Robert Elliott-built home. Conveniently located within walking distance to Bradfield Elementary, Germany Park, and Highland Park Village! The first floor welcomes you with an open floorplan, large formals, and natural light-filled rooms. The wood-paneled study, dining room with intricate crown molding, and beamed family room ceiling are just some of the details in this well thought out home. Gorgeous white marble kitchen with large island featuring Viking appliances, dual dishwashers, & custom storage spaces opens to breakfast and large family room. Guest bedroom with full bath on the first floor. Primary bedroom and 3 additional bedrooms, all en-suite are upstairs with bonus room perfect for a playroom or media room. Plenty of storage in this home with built-ins and large closets. The backyard is a peaceful oasis with covered patio featuring built-in grill, gas fireplace, pool and spa, all surrounded by turf. This home has it all!
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| Jun 21, 2021 | Sold | ||
| Sold | |||
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About University Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017