5023 DODSON DRIVE
About This Property
**Sold strictly As-Is – ideal for buyers looking to renovate and build equity or for investors seeking a strong value-add opportunity. All this in a prime commuter location near I-495, I-395, I-66,!-95 and just minutes to Amazon HQ2, Washington, DC, Tysons, shopping, and dining. Incredible potential at a price below market - schedule your tour today!
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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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$699,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$719,000
↓ $30K
(4%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by GSHwang Realty | $749,000 | |
| Listed by GSHwang Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017