7701 EMERSON ROAD
About This Property
Inside, you'll find hardwood floors, ceiling fans, and a cozy fireplace. The kitchen has an open shelf pantry and a lazy Susan for easy access to everything. The finished den in the basement adds extra living space, while the unfinished utility area offers even more customization. The main floor includes two bedrooms and a full bathroom, while the attic can serve as a versatile space for a second bedroom or additional storage.
Big updates have already been taken care of, including a new roof and front porch (2010) and an electrical heavy-up (2010). There's also a detached garage for parking and storage.
Close to I-95, Route 50, and access to the upcoming Purple Line and well established Amtrak lines at the New Carrollton Metro. You're just minutes from shopping, schools, churches, a library, a fire department, and a post office. New Carrollton is also growing fast, with lots of new development and a booming economy.
One of the best perks? A path right next to the backyard leads to the West Lanham Hills Community Center, park, and playground-perfect for getting outdoors and enjoying the neighborhood.
Nature lovers will appreciate the occasional visit from local deer, adding a touch of nature's beauty to your peaceful surroundings - a perfect blend of comfort and wildlife.
If you're looking for a solid home with great potential in a convenient location, this is the one!
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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 28, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$280,000
↓ $20K
(6.7%) | |
| Price Decreased | |||
| Aug 23, 2025 | Relisted | $300,000 | |
| Relisted | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017