6910 GATEWAY BOULEVARD
About This Property
The bright and inviting main level features hardwood floors, recessed lighting, and an updated kitchen with granite countertops, stainless steel appliances, and a stylish tile backsplash. The spacious living room offers a cozy fireplace and seamless flow into the dining area, creating a comfortable space for everyday living and entertaining.
Upstairs you'll find generously sized bedrooms with recently installed new carpeting, updated finishes, and neutral paint throughout.
Step outside to a fully fenced backyard featuring a custom stamped concrete patio and a 12x14 covered pavilion, perfect for outdoor gatherings, relaxing evenings, or weekend cookouts. A true standout feature is the custom-built 12x20 workshop with electricity, ideal for hobbyists, contractors, car or motorcycle enthusiasts, or anyone needing a dedicated workspace.
Conveniently located in District Heights with easy access to I-495, this home offers quick commuting options to Washington, DC, National Harbor, Joint Base Andrews, shopping, dining, and major commuter routes.
This is a well-cared-for home where pride of ownership truly shines inside and out.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017