1283 COBBLE POND WAY
About This Property
The curb appeal is strong with the all-brick front, massive front yard, and a 3-car side-load garage. The home opens up into a bright 2-story foyer, as the well-designed layout becomes visible from your first steps inside. The kitchen has been updated with recently replaced stainless appliances, granite countertops, and professionally refinished cabinetry. The kitchen flows naturally into the breakfast area and out onto the deck with a gazebo and multiple places to hang out. Back inside is a large two-story family room centered by a fireplace and open to the kitchen for entertaining. Before going upstairs, the main-level also includes an office space with tons of natural light, located next to the half bath.
Upstairs, the master bedroom is positioned for privacy with no shared walls to the other bedrooms. It includes a sitting area, a large walk-in closet, and a well-appointed bathroom with dual vanities, soaking tub, and a separate shower. The second bedroom upstairs has a private en-suite bath. Bedrooms three and 4 are both spacious and are adjoined by a jack-and-jill style bathroom.
The lower level adds a lot of flexibility depending on how you want to use it, with a full bar (including dishwasher and fridge), a rec room that can be used as a gym or home office, an in-law suite bedroom with plenty of sunlight, and walkout access to the patio. Out back, you've got multiple options between the deck, patio, and gazebo, all situated at a private, tree-lined yard.
Location-wise, you're close to Route 7, Tysons, Reston Town Center, and the Silver Line Metro, with community amenities that include a pool, clubhouse, playground, tennis and basketball courts!
Recent updates to major systems and appliances include:
HVAC - 2025
Hot Water Heater - 2024
Kitchen Appliances (Fridge, Dishwasher, Ovens, Gas Cook Top) - 2023
Roof - 2022
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017