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809 EASTERN AVENUE
About This Property
Beautifully updated and move-in ready, this detached single-family residence in Fairmount Heights offers modern style, generous space, and everyday convenience. Featuring four spacious bedrooms and two full baths, the home has been thoughtfully renovated with contemporary finishes throughout. The large yard provides plenty of room to relax or entertain, and off-street parking ensures easy arrivals and departures. Situated in a welcoming, family-friendly neighborhood, you'll enjoy close proximity to parks, schools, and public transportation. Just minutes away are Kenilworth Park & Aquatic Gardens, Capital Heights Metro Station, and FedEx Field, with quick access to Martin Luther King Jr. Highway for an easy commute.
Set on a sizable lot with a garage, this charming rambler has seen extensive improvements-truly a home you must tour to fully appreciate. The property is being sold as-is and is contingent upon the seller securing a home of choice, with a possible rent-back option available. The seller is motivated, and buyers are encouraged to inquire about loan programs that may offer substantial grant opportunities. Simply move in and start enjoying all this wonderful home has to offer!
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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 |
|---|---|---|---|
| May 15, 2026 | Relisted | $349,000 | |
| Relisted | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Relisted | $349,000 | |
| Relisted | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Redfin Corp | $349,000 | |
| Listed by Redfin Corp | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017