12404 PARKGATE DRIVE
About This Property
This picture-perfect property sits on 10 flat acres and features a rare five-car garage, including a detached two-car garage-perfect for hobbyists, car collectors or detached home office. Originally used as a builder's model, this pristine home has never been lived in and is packed with upgraded finishes throughout.
The main level boasts a spacious open-concept design with dramatic coffered ceilings, a striking stacked stone fireplace, and wide-plank flooring. A first floor guest room and full bath flexibility for visitors or multigenerational needs.
Enjoy the bright sunroom bump-out, large deck, and a fully finished walk-up basement complete with a full bath-perfect for entertaining and additional living space
Upstairs features4 bedrooms and 4 baths including a massive owner's suite, with a stunning spa like bath and 3 additional generously sized bedrooms offer plenty of space and privacy for everyone with a spacious laundry room is conveniently located on the upper level as well.
Located just a short walk to Nokesville School, this move-in-ready home combines luxury, comfort , and convenience all in a peaceful setting.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017