6109 ADDISON RD
About This Property
The flexible lower level enhances the home's appeal, offering an additional bedroom and full bathroom-perfect for accommodating guests, extended family, or even providing potential rental income. Located on a highly desirable large lot, this property has a lovely cleared land, offering abundant space for outdoor activities, gardening, and endless possibilities.
Just minutes from downtown DC, this home offers the perfect blend of city convenience and suburban tranquility. Commuting is effortless with a 15-minute bike ride to Capitol Heights Metro, a quick 10-minute drive to the 495 Beltway, and only 10 minutes to FedEx Field. Don't miss your chance to own this beautifully updated, move-in-ready home. Schedule your showing today and discover everything this exceptional property has to offer!
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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%.
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.
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About Seat Pleasant
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017