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4898 SHERIFF ROAD NE
About This Property
Triple the Potential. Rare, Three-Unit Single-Family Investment. Welcome to 4898 Sheriff Rd NE-a detached single-family property occupying a prime corner lot, fully configured into three separate 1-bedroom, 1-bathroom units. Offering ultimate flexibility, this versatile layout presents an ideal setup for a house-hacking homeowner looking to live in one unit while generating passive income from the other two, or a savvy investor seeking a turn-key multi-unit asset to maximize cash flow across all three. Each unit delivers a comfortable, independent living space complete with its own private entrance, functional kitchen, sunlit living area, dedicated bedroom, and full bath. The detached structure and corner lot setting provide extra natural light, generous outdoor space, and enhanced privacy between units. Situated in DC's NE corridor, this property places tenants and owners minutes from local transit options including the Deanwood Metro Station, major commuter routes, neighborhood parks, and everyday conveniences. Whether you're looking to offset your mortgage or expand your rental portfolio with a high-upside investment, this multi-unit opportunity is ready to perform.
Offers may be entered ONLINE through Friday, October 23, 2026 at 1:00 pm.
AT SELLER'S DISCRETION, AN OFFER MAY BE ACCEPTED AT ANY TIME.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Keller Williams Capital Properties | $149,000 | |
| Listed by Keller Williams Capital Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017