6909 GATEWAY BOULEVARD
About This Property
The home offers four generously sized bedrooms, thoughtfully designed to provide both comfort and versatility, with select rooms accented by elegant crown molding that adds a subtle touch of sophistication. The two fully renovated bathrooms deliver a spa-like experience, showcasing tub and shower combinations wrapped in floor-to-ceiling marble-inspired tile, creating a clean, luxurious, and timeless aesthetic. The living space is anchored by a cozy fireplace, perfect for quiet evenings or gathering with guests, while the private backyard offers a peaceful outdoor retreat-ideal for relaxing, entertaining, or simply enjoying your own space.
Perfectly positioned, this home places you just minutes from Penn Mar Shopping Center, Ritchie Station Marketplace, and Forestville Plaza, with convenient access to dining, retail, and everyday essentials. Commuters will appreciate seamless connectivity to Pennsylvania Avenue (Route 4), I-495, and major transit routes, making travel into Washington, DC both quick and convenient. Blending thoughtful upgrades, modern finishes, and a prime location, this home offers not just a place to live-but a lifestyle to step into.
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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 District Heights
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$3,000 /mo
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$3,600 /mo
- 5 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017