5408 DANVILLE STREET
About This Property
Beautifully renovated home in Edsall Park with five bedrooms and three and a half bathrooms, offering flexibility and modern functionality in a highly convenient location.
The kitchen features quartz countertops, a large center island, and stainless steel appliances, and it opens directly to the dining area and backyard-ideal for indoor-outdoor flow. Outside, the fully fenced yard includes mature trees, a playground with swings and slides, garden space, and two storage sheds for bikes, tools, and equipment.
The main level includes two bedrooms, a full bathroom, a powder room, a family room with a separate side entrance, and a large laundry room.
Upstairs is an expansive living room, along with three bedrooms and two full bathrooms. The primary suite includes a massive walk-in closet and a well-appointed bathroom with a soaking tub, glass-enclosed shower, double vanity, and separate water closet. A large walk-in hall closet adds extra storage.
Located less than three miles from Harris Teeter, Bradlick Shopping Center, and Pinecrest Plaza, the home also offers close proximity to the Edsall Park Swim Club, St. James Sports Complex, and Deerlick Park. Commuters will appreciate the quick access to I-495 and I-395, as well as nearby Van Dorn and Springfield Metro stations.
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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.
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About Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017