11502 TURNBRIDGE LANE
About This Property
Nestled in the heart of North Reston's charming Turnbridge Cluster by CP1 Homes, this architectural beauty offers the perfect blend of style, functionality, and location. With just 18 homes in the community, you'll love the quiet cul-de-sac setting just minutes from North Point Village, Lake Anne Plaza, the Reston Farmers Market, and Reston Town Center. Inside, soaring ceilings and walls of glass fill the open floor plan with natural light. The main level features a rare primary suite with dual closets and vanities, and a stunning double-sided fireplace connects the living room, dining room and updated chef's kitchen-complete with double ovens, a wine fridge, and a cozy mounted TV. Upstairs, find two spacious bedrooms, a beautifully renovated bath, and a versatile bonus room perfect as an office, playroom, or guest space. The walkout lower level is designed for flexible living, offering a spacious rec room with tray ceilings, a bedroom separated by sliding doors, and a sleek kitchenette-ideal for an au pair or in-law suite. Recent upgrades include new hardwood floors throughout, basement carpeting, updated bathrooms, a new hot water heater, majority of windows replaced, three new sliding doors, and a gorgeous new deck just off the main level. With an attached two-car garage and access to Reston's trails, lakes, and top-rated schools, this turnkey home delivers elegance, convenience, and timeless design.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017