5706 40TH PLACE
About This Property
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Compass | $497,000 | |
| Listed by Compass | |||
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Nov 4, 2022 | Listed by Village Premier Collection Maryland | $464,000 | |
| Listed by Village Premier Collection Maryland | |||
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HOUSE HAS BEEN LEASED OUT. Welcome to a charming, 4 bedroom, 3 full bath home in the much sought after Hyattsville Hills area. This is a beautiful tree-lined neighborhood full of character and unique homes exuding wonderful community charm. This house is within walking distance of wonderful restaurants, grocery stores, and coffee shops.
While this house has the character of a 1920s home, it is beautifully updated! Upon entering the MAIN LEVEL of 5706 40th Place, you are greeted by large windows that bring in great natural light. You walk into an open floor plan with a living room, dining area and kitchen ideal for entertaining friends or spending quality time with loved ones. The kitchen has granite counters and stainless steel appliances. There are hardwood floors and recessed lighting throughout the entry area and hallway area. The 1st door on the left is a full bathroom to accommodate your guests. The MAIN LEVEL has 2 bedrooms including the primary bedroom with an ensuite full bathroom. The 2nd bedroom is well sized to use as a children's room, meditation room, or even as a walk-in closet.
The BASEMENT LEVEL has 2 additional bedrooms, a separate office/sunroom, and a 3rd full bathroom.
OUTDOOR SPACE: There is a large elevated deck at the rear of the house that overlooks a spacious backyard that is fenced in and already has a shed.
BUYERS: Feel free to contact the Listing Agent if you have any questions, or if you would like a private tour.
REALTORS: Please schedule a showing in the ShowingTime app.
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About Hyattsville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017