7800 GREENLEAF ROAD
About This Property
This location offers easy access to transportation, with the West Hyattsville Metro Station nearby and major routes like East-West Highway and Route 1 close by for driving or commuting. The area is convenient to the University of Maryland, Prince George's Hospital Center, and several federal employers across the D.C. region. Shopping and dining options abound at The Mall at Prince George's, the Hyattsville Arts District, and neighborhood favorites like Busboys and Poets and Vigilante Coffee. Outdoor and cultural destinations such as Magruder Park, Heurich Dog Park, and the Prince George's African American Museum & Cultural Center offer nearby recreation and enrichment.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017