$1,270,000
●
House -
Off Market
1079 OLD CEDAR ROAD
MCLEAN, VA 22102
4 Beds
3 Baths,
1
Half Bath
5,252 Ft²
$1,639,280
RealtyHop Estimate
27.57%
Since Jul 1, 2020
DC-Washington
Primary Model
About This Property
Matterport HD 3D Virtual Tour here https://bit.ly/2RMvrjg
Sensational, remodeled colonial in
sought-after, picturesque Cedars of McLean on a leafy .59 acre
corner lot, a few steps from acres of parkland with walking
path along streams and bridges to Spring Hill Rec Center.
Owners spent $350,000 in upgrades to include opening up
walls, elaborate molding details and wainscoting, multitudes
of recessed lighting on all levels, handsome built-ins and lighted
display cabinets and an elegantly designed basement (rec room,
music room and artist studio!) The contemporary elements of
the new patio and hardscape with its spare, clean lines, along with
the cleverly sculpted landscape design, creates a quiet and private
outdoor space. Roughly 5,000 square feet of interior
living area with large, sunny rooms, oversized windows, new
French doors to the outside, hardwood floors on all three levels,
plus a two-car garage and wide driveway, create a sensational home
with a multitude of flexible and dramatic spaces.
Unit Size
5,252 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$245
Property Type
House
Property Taxes
$1,288
HOA Dues
$73
Year Built
1978
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 months ago (Bright MLS #VAFX1125680)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Aug 21, 2020 | No longer available | - | |
| No longer available | |||
| Aug 3, 2020 | No longer available | - | |
| No longer available | |||
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | Listed | $1,285,000 | |
| Listed | |||
| | |||
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Matterport HD 3D Virtual Tour here https://bit.ly/2RMvrjg Sensational, remodeled colonial in sought-after, picturesque Cedars of McLean on a leafy .59 acre corner lot, a few steps from acres of parkland with walking path along streams and bridges to Spring Hill Rec Center. Owners spent $350,000 in upgrades to include opening up walls, elaborate molding details and wainscoting, multitudes of recessed lighting on all levels, handsome built-ins and lighted display cabinets and an elegantly designed basement (rec room, music room and artist studio!) The contemporary elements of the new patio and hardscape with its spare, clean lines, along with the cleverly sculpted landscape design, creates a quiet and private outdoor space. Roughly 5,000 square feet of interior living area with large, sunny rooms, oversized windows, new French doors to the outside, hardwood floors on all three levels, plus a two-car garage and wide driveway, create a sensational home with a multitude of flexible and dramatic spaces. The manager has listed the unit size as 5252 square feet.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About McLean
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Listed by: Mary J Anthony
Keller Williams Realty
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAFX1125680
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Keller Williams Realty
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAFX1125680
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