12825 PARAPET WAY
About This Property
A gracious paver walkway leads you to the front entry, where you can stop to enjoy breathtaking sunset views from the front patio. Upon entering the home you will be greeted by the elegant foyer with sweeping staircase and marble floors. Natural light floods the home, highlighting the walls of windows, high ceilings and lovely formal and informal spaces. The conservatory with vaulted ceilings, arched windows and fireplace will be a favorite place to gather. Host holidays in the massive dining room and enjoy the expansive gourmet kitchen with sunroom and a walk in pantry. The family room impresses with floor-to-ceiling Palladian windows and a striking stone fireplace, complemented by a convenient back staircase. The library and mudroom round out the functional and flowing main level.
On the upper level, the desirable four-bedroom, three-bath configuration includes a luxurious primary suite with tray ceiling, cove lighting, a double sided fireplace, plus a sitting room, enormous dual walk-in closets, and a dressing area with mirrors and vanity. The lux primary bath features a soaking tub and walk-in shower with marble surround, and dual vanities. Completing the upper level are two spacious bedrooms that share a buddy bath, and a guest bedroom with ensuite bath and walk-in closet.
The lower level is a haven for relaxation and entertainment, with an expansive rec room, full bath and an in-law suite with a sitting area. Plenty of flex space and storage are an added bonus. Double doors lead to a private patio and the backyard.
Outdoor spaces are designed for relaxation and gathering, with so many options - barbecue on the back porch, relax in the gazebo, watch sunsets from the front patio and enjoy nature view and the lower level patio offers a private retreat. The huge yard is perfect for play or pets or set up goals for a soccer match! There are plenty of options for pool placement should one be desired.
This property is part of the coveted Navy, Franklin, Oakton school pyramid, making it an ideal choice for those seeking top-tier education. The location is superb being equidistant from the popular restaurants and shopping at Reston Town Center and Fairfax Corner. Excellent commuter options with easy access to the Fairfax County Parkway, and highways 28, 50, 66 and 495. Minutes to the Dulles Airport.
Experience the perfect blend of elegance, comfort, and functionality at 12825 Parapet Way. Don't miss the opportunity to make this exceptional residence your new home. Open houses Friday 5-7pm, Sunday 1-4pm.
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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