55
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6937 NASHVILLE ROAD
About This Property
living room with an oversized bay window. Separate dining room with sliding glass door leading to the unique screened-in wraparound porch for those beautiful summer days and nights.! You will have the luxury of entering the large level fenced backyard from the porch. The kitchen is upgraded with all stainless steel appliances and also boasts a picturesque bay window. The Driveway is large enough for three cars. This is a Gem, MUST SEE!
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 25, 2024 | Listed by Weichert, REALTORS | $540,000 | |
| Listed by Weichert, REALTORS | |||
| | |||
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Well maintained 4 bedroom 3 bath split level home located in the serene subdivision of SCHROM HILLS in Lanham, Maryland. This house boasts hardwood floors throughout; and a large foyer with entrance to the
living room with an oversized bay window. Separate dining room with sliding glass door leading to the unique screened-in wraparound porch for those beautiful summer days and nights.! You will have the luxury of entering the large level fenced backyard from the porch. The kitchen is upgraded with all stainless steel appliances and also boasts a picturesque bay window. The Driveway is large enough for three cars. This is a Gem, MUST SEE!
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| Aug 29, 2018 | Sold | ||
| Sold | |||
| Mar 21, 2013 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017