5409 BRENNER ST
About This Property
First buyer got cold feet, other buyers have moved on, so now the opportunity is yours! Own a victorian masterpiece with endless potential
Welcome to 5409 Brenner St, a brand-new historic Capitol Heights, Maryland listing offering the perfect blend of historic charm and modern upgrades. This fully detached, 3-bedroom, 2-bathroom home is a rare find, boasting a prime location just 0.3 miles from the Metro, and is listed under 300k
Set on a spacious 0.14-acre lot, this home features off-street parking, a wrap-around front porch, and the cinderblock remains of a detached garage, awaiting the vision and creativity of a new owner. Built-in the late 1800s, this residence exudes historic charm with beautifully refinished original hardwood floors and thoughtful modern updates, including new windows and two renovated bathrooms.
The home also features a separate entrance basement, which is currently unfinished and perfect for storage and utilities. With its potential for conversion into an income-producing space, the basement offers additional value. The fact that this home does not share any walls with neighboring properties presents an excellent opportunity for significant renovation or expansion.
Capitol Heights, incorporated around 1914, has property records dating back to that period, but many believe elements of this property may date back to the 1800s. The next owner of this home will appreciate its historical significance and charm while enjoying the updates made by the current sellers. The large, usable backyard includes a playground that conveys the sale, providing ample outdoor space for family activities.
Purchasing this home in 2024 presents an amazing value opportunity. Enjoy close proximity to Washington, D.C., easy commutes via car or public transportation, and nearby amenities like the Metro. This historic gem is bursting with potential and awaits your personal touch. Schedule your private tour today and envision the endless possibilities at 5409 Brenner St.
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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 10, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | Relisted | $289,540 | |
| Relisted | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 20, 2024 | Listed by Keller Williams Capital Properties | $289,540 | |
| Listed by Keller Williams Capital Properties | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017