11351 WHEELER RIDGE DR
About This Property
Blackburn is an amenity-rich subdivision offering its residents a community pool, clubhouse with fitness center and multiple tot-lots. The location offers total convenience with all of the shopping. dining and entertainment that you could want within a few minutes drive. You'll love the close proximity to Old Town Manassas, the Virginia Gateway in Gainesville, 2 Silos Brewing Company, the Winery at Bull Run and more. Your daily commute will be a breeze with the I-66 ramp and 234 business just 2 miles away, and a short distance to the VRE, the OmniRide or ride sharing to Tysons Corner or Washington, DC. Don't miss the opportunity to make this property your new home!
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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 |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Long & Foster Real Estate, Inc. | $795,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Oct 24, 2024 | Price Change | $799,000 | |
| Price Change | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017