10815 STANHOPE PLACE
About This Property
The main level features a large eat-in kitchen and a cozy family room with direct access to the backyard-ideal for indoor-outdoor entertaining. The upper level hosts a private primary suite with an updated bathroom and walk-in closet, along with three additional bedrooms and a full hall bath. Downstairs, the lower level boasts a generous recreation room anchored by a fireplace, plus a convenient half bath and a massive laundry/storage area with a walk-out to the yard.
Home is located in an Unbeatable Location with easy access to easy access to Fairfax County Pkwy, Rt. 50, Ox Rd, and Braddock Rd. Also nearby George Mason University, local parks, premier shopping, and dining.
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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 Fairfax Station
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017