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12563 MCINTIRE DRIVE
About This Property
A welcoming foyer opens to a sunny home office with custom built-ins. Opposite, a formal living room flows into the dining room, where a charming bay window overlooks the beautiful yard. The updated eat-in kitchen is both stylish and functional, featuring stainless steel appliances, upgraded cabinetry, granite countertops, and ample space for everyday dining. New hardwoods have recently replaced carpets on the main floor, and are in pristine condition.
Just off the kitchen, the spacious family room serves as the heart of the home, complete with a wood burning fireplace and built-in shelving. From here, step out to a large screened-in porch, with an adjacent grilling deck overlooking the private, wooded backyard.
Upstairs, you will find four generously sized and sunny bedrooms, including a primary suite with three closets for ample storage. The enormous finished lower level with a walk out adds versatile living space, offering a second family room with wet bar, a dedicated office, a fifth bedroom, and a full bath-ideal for guests or a nanny/au pair. A lower-level deck with built-in seating and a charming fieldstone path enhances the home's outdoor appeal.
Enjoy all the benefits of the Lake Ridge Parks and Recreation Association, with access to five community pools, a splash pad, tennis and pickleball courts, basketball courts, Fantasy Playground, tot lots, and more. While you are in the neighborhood, be sure to take a look at the pool and the playground that are right at the end of the street. The home is also conveniently located just minutes from the Lake Ridge Marina, golf course, Woodbridge VRE (5 miles), and Horner Road commuter lot (3 miles), with easy access to major D.C. destinations including the Pentagon.
Drive through this neighborhood and you will understand why Lynnwood is an exceptional pocket of beautiful Lake Ridge.
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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