12209 ROWAN TREE DRIVE
About This Property
This beautifully maintained home offers the perfect setup for multigenerational living, complete with a private-entry lower-level in-law suite. Step inside to discover gleaming hardwood floors that flow from the sunlit living room into a formal dining room adorned with elegant crown and chair rail molding - a perfect setting for both intimate dinners and festive gatherings.
The spacious kitchen is a chef's dream, featuring granite countertops, a custom tile backsplash, abundant cabinetry, and a large island with breakfast bar seating. Adjacent to the kitchen, the inviting family room showcases a cozy gas fireplace with an impressive brick surround. French doors lead to a versatile bonus room ideal for a home office, playroom, or creative studio.
A generous laundry room with a utility sink and extra cabinetry rounds out the main level. Upstairs, the luxurious primary suite boasts a walk-in closet with a custom organization system and a remodeled en suite bath complete with heated floors, a double vanity, and a spa-like stone-tiled shower. Three additional bedrooms offer comfort, space, and access to a beautifully updated hall bathroom.
The fully finished lower level provides even more flexibility with a spacious rec room, a fifth bedroom, and a full bath - perfect for a guest suite, live-in nanny, or extended family. With its own walk-out entrance, it offers privacy and convenience for all.
Enjoy peaceful mornings in the screened-in porch or entertain on the expansive deck and stone patio, complete with a built-in gas fireplace. The fully fenced backyard is a serene retreat with beautiful trees, a playground, and plenty of room to play or garden.
Additional features include a two-car garage, extended driveway, and major updates such as a new roof (2022), HVAC (2017), and updated windows and sliding doors (2014) with a transferable repair guarantee.
Located in a no-HOA neighborhood just minutes from Wegmans, Whole Foods, Fairfax Corner, Fair Oaks Mall, George Mason University, and major commuter routes - this home has it all.
Don't miss the opportunity to make this exceptional property your own - schedule a private tour of your beautiful new home today!
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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 Fairfax
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017