4701 SOMERSET RD
About This Property
Welcome to your dream home, freshly updated and masterfully restored to its original charm! This spacious 5-bedroom, 3-bath stunner has it all! 🏡 The open-concept living, kitchen, and dining area is perfect for hosting guests or simply relaxing with family. You'll fall in love with the gorgeous kitchen-featuring sleek stainless steel appliances, stunning granite countertops, custom tile backsplash, and upgraded modern fixtures. 😍
The luxurious master suite is your private retreat, offering a large walk-in closet, an en-suite bath with a walk-in shower and soaking tub, plus sliding doors that lead to a serene back deck overlooking the backyard-perfect for relaxing in peace. 🌿
But wait, there's more! The finished basement adds extra living space-use it as a second family room, home theater for movie nights 🎬, playroom for the kids, your personal gym, or even additional bedrooms!
Location! 🚲 You'll be close to bike trails, Riversdale Mansion, fantastic shopping, dining in downtown Riverdale Park, the Hyattsville Art District, and College Park. Whole Foods, University of Maryland, and the vibrant Riverdale Park Farmers Market are just a stone's throw away. Plus, you'll have easy access to DC and be within walking distance to the MARC train station for convenient commuting. 🚉
With brand new flooring, carpet, and fresh paint, this home is truly move-in ready! 🏠✨ Don't wait-schedule your showing today and make this gem yours before it's gone! 📅
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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 Riverdale Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017