12404 KINGS LAKE DRIVE
About This Property
This beautiful three-story Colonial has been thoughtfully expanded and updated, offering an exceptional floor plan, spacious living areas, and an incredible fenced backyard setting. With approximately 900 square feet of additional living space, this home offers the flexibility and room today's buyers are looking for.
The updated eat-in kitchen features granite countertops and stainless-steel appliances, creating a functional and inviting space for everyday living and entertaining. The main living areas are complemented by a wood-burning fireplace, fresh carpet, and fresh paint, giving the home a bright and refreshed feel.
The walk-out lower level adds even more versatility, featuring a finished recreation room, ample storage, and a separate bonus room that can easily serve as a home office, gym, guest space, or flex room.
Step outside and enjoy nearly half an acre of beautifully usable space. The backyard features a two-level deck, hardscape patio, fountain, fenced yard, and expansive flat lawn, creating multiple areas for outdoor entertaining, recreation, and relaxation.
Located in Stratton Woods and outside the Reston Association, you'll enjoy the added benefit of no Reston Association fees while remaining close to everything Reston has to offer. Conveniently located near Route 267, the Silver Line Metro, Dulles International Airport, and just 2.5 miles from Reston Town Center, this home offers an ideal combination of space, privacy, and convenience.
Thoughtfully expanded. Beautifully updated. Exceptionally located. This is a Stratton Woods home you won't want to miss!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017