10708 MIDSUMMER DR
About This Property
The formal dining room, featuring a large bay window, flows effortlessly into the inviting living room, creating a perfect setting for hosting guests. A convenient powder room rounds out the main level.
Upstairs, the newly carpeted second floor offers a spacious primary suite with a beautifully remodeled ensuite bathroom and an expansive walk-in closet. Three additional generously sized bedrooms and a beautifully updated full bathroom with a tub/shower combo complete this level.
The walkout lower level is an entertainer's dream, boasting luxury plank vinyl flooring, recessed lighting, and a built-in bar area with a sink, refrigerator, and granite countertops. Enjoy game nights with the included pool table! French doors lead out to a professionally landscaped patio and stone walkway, and there's even a private hot tub tucked beneath the deck to take in the peaceful woodland surroundings.
With a large laundry room, a workshop/storage space, and a half bathroom, this home provides both function and luxury at every turn. This one-of-a-kind property combines convenience, elegance, and tranquility!
Fantastic Location! This home is conveniently located near major commuting routes, Reston's Metro stations, shopping centers, restaurants, schools, parks, playgrounds, the W&OD trail, and much more. An added bonus of living Reston -- residents can enjoy an abundance of recreational amenities, including 15 pools, 54 tennis courts, and 55 miles of paved pathways, along with ballfields, playgrounds, multipurpose courts, and picnic areas.
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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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by Keller Williams Realty | $1,000,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017