5220 58TH AVE
About This Property
Upon entry, the living room unveils itself in a display of openness and light, with newly laid Luxury Vinyl Plank flooring and tastefully appointed recessed lighting crafting an atmosphere of refined comfort. The kitchen stands as the home's cornerstone, masterfully renovated with sleek granite countertops, state-of-the-art stainless-steel appliances, 36" cabinetry, a tasteful tile backsplash, and abundant storage solutions. This culinary haven marries functionality with style, presenting the perfect venue for both the avid chef and the consummate host.
The master suite is a retreat of serenity and privacy, featuring a lavish en-suite bathroom tailored for relaxation and rejuvenation. Further enhancing the home's appeal, a fully finished basement offers a versatile recreation area, seamlessly extending living spaces. Venture outside from the basement to encounter a vast backyard, securely enclosed for privacy and offering a blank canvas for your landscaping dreams under the open sky.
Positioned on a peaceful street, this residence embodies a harmonious blend of classic allure and modern luxury, setting an idyllic stage for your family's forthcoming adventures. With its prime location near downtown DC and the University of Maryland, this property promises a lifestyle of convenience and prestige. Seize the opportunity to claim this masterpiece as your own. Schedule your exclusive viewing 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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Relisted | $459,900 | |
| Relisted | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by Prime Properties DMV, LLC. | $459,900 | |
| Listed by Prime Properties DMV, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017