12131 WAPLES MILL ROAD
About This Property
Welcome home to this beautifully maintained, all-brick gem offering the perfect blend of classic comfort and incredible convenience on an almost acre lot. The main level features a welcoming living room and nicely appointed kitchen both providing functional spaces. In addition, two comfortable bedrooms share a hall bath.
Just off the back entry is a versatile bonus room-ideal for a dedicated home office, a walk-in pantry, or extra storage. Downstairs, the lower level features a laundry area and a convenient walk-up exit, offering a blank canvas ready to be transformed into a rec room or home gym. Lot is shaded by mature oak trees and offers mature plantings such as azaleas and dogwoods.
Updates include: Interior/Exterior Painting 2022 * New roof & gutters 2022 * New Windows 2022 * New kitchen flooring 2022 * Refinished hardwood floors 2022 * Connect to city water 2023 * New electric oven range 2023 * New fencing - rear yard 2025.
Nestled central to everything, your commute will be a breeze with effortless access to Route 50, Fairfax County Parkway, West Ox Road, and I-66. Enjoy being just minutes away from Oakton and Fairfax's premier dining, shopping, and entertainment.
*There are endless possibilities with this lot which also include expanding the current home (see photos for renderings of possible pop-top designs) OR Tear down and build your DREAM HOME! The property has a great history & future potential as a rental property and the lot has been approved by Fairfax County for a 5 bedroom home & septic system. You pick the builder AND design!*
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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 |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Price Decreased |
$699,900
↓ $35K
(4.8%) | |
| Price Decreased | |||
| Jun 6, 2026 | Listed by Keller Williams Realty | $735,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017