5506 SHAWNEE DR
About This Property
GREAT POTENTIAL *****PRICE REDUCED ******FORECLOSURE ***** ****** HIGHEST & BEST ********
Please open and read and sign the Mold & Mildew Disclosure required with all offers**
Great Potential !! Separate lower level entry with 2nd kitchen, Bath, and two bedrooms ****
Home needs major renovations and basement has old water and Mold Damage. Upper level has a fireplace, and separate Family Room /Study over the garage.
All offers must be submitted by the buyer's agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer's broker upon consummation of a sale..
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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 |
|---|---|---|---|
| Feb 7, 2025 | Listed | $395,000 | |
| Listed | |||
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Welcome Home! This beautifully renovated single-family home in Forest Heights offers modern living in an unbeatable location. Nestled in Oxon Hill, it's just minutes from the National Harbor, MGM, and less than a mile from Washington, DC. Commuting is a breeze with easy access to I-495 and I-295.
This stunning home features 3 bedrooms and 2 full baths, with a finished basement perfect for entertaining. The gourmet kitchen boasts stainless steel appliances, sleek countertops, and a warm, inviting space for family gatherings. The open floor plan is enhanced with modern touches throughout, making it truly move-in ready.
The finished basement adds valuable space, ideal for a home theater, kids' playroom, or your very own home gym.
Come and see it today—don’t miss the opportunity to own this amazing home!
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| Mar 13, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by CENTURY 21 New Millennium | $259,900 | |
| Listed by CENTURY 21 New Millennium | |||
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Feb 28, 2002 | Sold | ||
| Sold | |||
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About Forest Heights
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$2,495 /mo
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CENTURY 21 New Millennium
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDPG2064884
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017