9714 22ND AVE
About This Property
An inviting front porch welcomes you to a bright main level featuring a classic layout with an open living and dining area, four bedrooms, two full baths, and a spacious eat-in kitchen with plenty of cabinet and counter space. A sunroom off the kitchen provides additional living space and is perfect for relaxing or entertaining.
The lower level adds even more flexibility with both interior access and a private exterior entrance. It features a second kitchen, full bathroom, living/recreation area, office/bedroom, and generous closet and storage space-offering numerous possibilities for extended living, guests, a home office, or recreation space.
Several important improvements have already been completed, including an updated A/C system, hot water heater, and roof.
Outside is where this property's potential really stands out. The large lot features an expansive rear yard, two-car garage, mature surroundings, and a long driveway with parking for multiple vehicles. There is plenty of room for gardening, entertaining, play areas, or simply enjoying the additional outdoor space.
Conveniently located near Washington, D.C., Metro, MARC, bus routes, and major commuter roads, with easy access to the Hyattsville Arts District, shopping, dining, parks, and nearby walking and biking trails.
A true fixer-upper with a large lot, two-car garage, flexible lower level, two kitchens, ample parking, and an outstanding location-bring your ideas and make this home your own!
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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.
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About Adelphi
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017