5151 EASTERN AVENUE
About This Property
All contract details are transparent and publicly available on the FinalOffer platform
Detached single-family homes on large lots with off-street parking and close proximity to Fort Totten Metro don't come around often. This is a real opportunity to reimagine a property with strong upside in a fast-growing part of Hyattsville. Whether you're looking for a long-term residence or your next renovation project, the after-repair value exceeds $540K-positioning this as a smart investment for the right buyer.
The list price reflects the current condition.
Seller is a fiduciary and exempt from disclosure. Home conveys strictly as-is with no repairs to be made.
DOM may appear higher due to a temporary off-market period during tenant eviction, which was completed in June 2025.
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Keller Williams Capital Properties | $299,515 | |
| Listed by Keller Williams Capital Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017