5909 K STREET
About This Property
Prime Location Near DC! Welcome to this beautifully maintained single-family home nestled in the highly sought-after Fairmount Heights community. Just minutes from Washington, DC, this spacious 5-bedroom, 2-bathroom split foyer home is flooded with natural light including skylights and vaulted ceilings offering a thoughtfully designed layout perfect for comfortable living and entertaining. Highlights include an updated kitchen, renovated bathrooms, and inviting living spaces throughout. The main level features 3 bedrooms, a full bath, a bright and airy living room, formal dining area, and a cozy family room. The fully finished lower level includes 2 additional bedrooms, a full bathroom, and a flexible living area-ideal for a guest suite, au pair quarters, Airbnb rental, or in-law accommodations. A private one-car garage adds convenience for parking or extra storage. Enjoy easy access to I-295, I-495, and I-695, public transit, and local shopping. You're just 15 minutes from Woodmore Towne Centre, home to Costco, LA Fitness, Nike, Nordstrom Rack, and a variety of dining options. Outdoor enthusiasts will appreciate nearby nature trails throughout DC and Prince George's County. This isn't just a home-it's a lifestyle opportunity. Don't miss it! Property is next door to a Prince George's County Historic home that was recently purchased. Owners are in the process of renovations.
Ask about the assumable mortgage at 3.375%.
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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 Fairmount Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017