5548 B ST SE
About This Property
The lower level rec room features independent access and could serve as a 3rd bedroom or a great Airbnb rental (recently earning $30-$40 per night!). Enjoy a recently installed covered front porch, eco-friendly rain barrel courtesy of DC's RiverSmart program, and a new water heater.
Location? It's unbeatable-just inside Washington, DC, close to the Maryland line and conveniently located near the Capitol Heights and Benning Road Metro stations (Blue, Silver & Orange lines).
Why rent when you can own for less? With the Welcome Home Grant from United Bank offering up to $10,000 for your down payment and closing costs, now is the time to make your move. Wells Fargo also offers a $10,000 grant program. Inquire for details.
This is more than a house; it's an opportunity! Schedule your tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Price Decreased |
$335,000
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Oct 2, 2024 | Listed by RLAH @properties | $350,000 | |
| Listed by RLAH @properties | |||
Property Highlights
Building Info
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Price/ft²
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About Southeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017