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711 60TH AVENUE
About This Property
Key features include:
- Main Level: Open-concept living room, three bedrooms, and two full bathrooms.
- Kitchen: Stylish quartz countertops and a versatile breakfast bar.
- Lower Level: Finished basement with two additional bedrooms and one full bathroom-ideal for guests, recreation, or a home office.
- Outdoor Space: A charming front porch, peaceful backyard, and private deck.
- Location: Minutes from downtown Washington, D.C., with easy access to 295, BWI Parkway, and Route 50. It is also just 15 minutes from Reagan National Airport, making it a commuter's dream.
This property offers a unique financial opportunity: a 2.5% VA assumable loan with a balance of approximately $330,856.90. Additionally, the lender has approved a HELOC to cover the difference between the loan balance and the sale price.
Please contact me today to discuss these financing details or to schedule a showing.
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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%.
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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 15, 2026 | Listed by Samson Properties | $435,000 | |
| Listed by Samson Properties | |||
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Welcome to 711 60th Avenue in Capitol Heights, MD! This beautifully renovated home offers a spacious, versatile layout with modern finishes and room to accommodate a variety of living arrangements. The main level features an open-concept living, dining, and kitchen area filled with natural light, creating an inviting space for everyday living and entertaining. The updated kitchen showcases stylish cabinetry, granite countertops, stainless steel appliances, and a breakfast bar. The primary suite offers a comfortable retreat with a sitting area and private full bathroom. Additional bedrooms provide flexibility for guests, a home office, or other needs. The finished lower level features a separate entrance, additional bedrooms, a full bathroom, a spacious recreation area, and a wet bar with beverage cooler, offering excellent versatility for extended living, entertaining, or additional private space. Enjoy outdoor living on the deck overlooking the backyard, along with a welcoming front porch and ample driveway parking. Conveniently located near shopping, dining, parks, and major commuter routes, with easy access to Washington, DC, Route 50, I-295, and the Capital Beltway. This home combines modern updates, flexible living space, and a convenient location. Don't miss the opportunity to make this exceptional property your own!
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| Jul 23, 2026 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Compass | $450,000 | |
| Listed by Compass | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 12, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017