6806 PICKETT DRIVE
About This Property
Conveniently located in the tight‑knit community of Morningside-known as the "Gateway to the Nation's Capital"-this home places you just minutes from Joint Base Andrews and easy access to I‑495 for seamless commuting . Outdoor lovers will appreciate nearby Douglas Patterson Park, a 26‑acre green space featuring basketball and tennis courts, playgrounds, picnic areas, multipurpose fields, and scenic trails . For dining and daily conveniences, the Andrews Manor Shopping Center
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | Price Decreased |
$384,999
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Sep 2, 2025 | Price Decreased |
$399,999
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Aug 31, 2025 | Price Decreased |
$424,995
↓ $4
(0%) | |
| Price Decreased | |||
| Aug 22, 2025 | Listed by LPT Realty, LLC | $424,999 | |
| Listed by LPT Realty, LLC | |||
Property Highlights
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About Forestville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017