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12478 CAVALIER DRIVE
About This Property
WHAT MAKES THIS HOME STAND OUT? Move-in ready, well maintained, and surrounded by mature trees that create a sense of privacy reminiscent of a mountain retreat. The upper level includes four spacious bedrooms and two full bathrooms, including a primary suite with a beautifully updated ensuite bath, and convenient full-size laundry. The main level is equally functional and inviting, featuring a large kitchen that opens to an informal dining area and living room overlooking the private wooded backyard, plus a substantial home office, family room, and formal dining room. The walk-out lower level offers a large recreation room, a fifth bedroom, a full bathroom, and an expansive storage room. Outside, enjoy multiple decks and patios, an open lawn area for play, a firepit, and additional storage. The oversized garage accommodates two full-size vehicles and storage. Major systems have many years of life remaining, including the dishwasher (2025), washer and dryer (2023), water heater (2020), HVAC system (2017), and roof (2014).
WHAT MAKES THIS LOCATION STAND OUT? The location offers an ideal balance of convenience and recreation. Enjoy easy access to shopping, dining, hiking, golf courses, and waterfront marinas. The Historic Occoquan District, known for its waterfront setting, locally owned shops, restaurants, festivals, and community events, is just minutes away. The Occoquan Reservoir is one of the region's premier destinations for boating, kayaking, fishing, paddleboarding, and accessible waterfront recreation. Commuters benefit from convenient access to I-95, Route 123, Prince William Parkway, commuter lots, VRE rail service, and bus lines.
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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%.
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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 Lake Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017