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5369 HESPERUS DRIVE
About This Property
The fully finished lower level offers even more living space with a large recreation room featuring an electric fireplace and sliding glass doors leading to the rear patio. A full bathroom, laundry area, and two additional bonus rooms provide excellent options for home offices, a gym, guest space, or hobbies. Outside, enjoy a large .20-acre lot, patio, and driveway with off-street parking. Conveniently located near shopping, public transportation, and major commuter routes.
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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%.
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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 28, 2026 | Price Decreased |
$584,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by LuxManor Real Estate, Inc | $599,900 | |
| Listed by LuxManor Real Estate, Inc | |||
| May 29, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Listed by EXP Realty, LLC | $385,000 | |
| Listed by EXP Realty, LLC | |||
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Welcome to this detached home in Columbia, Maryland featuring 3 bedrooms and 2 full bathrooms. This property offers a great opportunity for buyers looking to add their own touch and vision. While the home is not in bad condition, it needs updating and is priced accordingly. Major improvements include a newer HVAC and A/C system, along with a roof replaced in 2017. Bring your imagination and make this home beautiful again. Strong comparable sales in the area show excellent value and potential. Perfect opportunity for investors, renovators, or buyers looking to build equity. PROPERTY IS STRICKLY SOLD AS-IS.
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Property Highlights
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About Columbia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017