11208 WEDGE DR
About This Property
Located one block from the Golf Course Island Pool that has diving board, two grass beach areas, wading pool, playground and pavilion. Enjoy all the amenities that Reston Association offers, including 15 pools, tennis courts, pickleball courts, community centers, nature center, and over 50 miles of paved pathways and natural surface trails. Convenient commuting location, with easy access to the Metro, Toll Road, Dulles Airport, Reston Town Center
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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 Reston
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$3,700 /mo
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$4,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017