1108 WATER POINTE LN
About This Property
Spacious Gulick built home featuring MAIN LEVEL PRIMARY SUITE. Open floorplan with walls of windows to let the sunlight shine on the newly refinished hardwood floors. This home is nestled on a spacious lot, tucked away from the street. The design includes a private Living Room/Office and separate Dining Room. The center of the home is the Family Room featuring a gas fireplace, arched window, skylights and French door to the deck overlooking the expanse of trees and common area. The spacious kitchen includes a center island and breakfast bar, and the Morning Room windows bring light and the outdoor views in. The Primary Bedroom is located on this level, and features a vaulted ceiling, door to the deck, and spacious bathroom with soaking tub, separate shower and double sinks. The laundry room is conveniently located on this level and offers direct access to the garage.
Upstairs you'll find three generous sized bedrooms, all with bright light and brand new carpeting. There is a shared hall bath with double vanity. The Upper Level Overlook to the Family Room and Foyer add to the open contemporary feel.
The Lower Level has an expansive recreation room with brand new flooring and features a wood-burning fireplace, double doors to the backyard, and full sized windows letting the natural light shine in. There is a full bathroom on this level and extensive unfinished space - perfect for adding a fifth bedroom or office, and plenty of storage and utility room.
Updates include new flooring on all three levels and roof replacement in 2023.
Water Pointe is a small enclave of contemporary homes surrounding Butler Pond and this home is ideal for Living, Working, & Entertaining. Enjoy the many amenities that Reston has to offer including pools, tennis, pickle ball, volleyball, walking & jogging paths and more!
Reston Association Fee $763/year, no additional cluster fee.
Excellent location close to shops, dining, entertainment, and transportation.
OPEN HOUSE SUNDAY APRIL 2ND 1 - 4 PM
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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%.
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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.
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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 16, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | In contract | - | |
| In contract | |||
| Mar 31, 2023 | Price Decreased |
$1,111,000
↓ $44K
(3.8%) | |
| Price Decreased | |||
| Mar 26, 2023 | Relisted | $1,155,000 | |
| Relisted | |||
| Mar 14, 2023 | In contract | - | |
| In contract | |||
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About Reston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017