1317 MERRIE RIDGE ROAD
About This Property
From the moment you arrive, the lovely curb appeal, uniquely beautiful front door & manicured landscaping set the tone. Inside, sun-filled formal living & dining rooms showcase detailed molding, beautiful hardwood floors, custom built-ins & three functioning fireplaces that add warmth and character throughout the home.
The inviting family room features a cozy fireplace, built-ins & a wet bar, opening to a spacious deck overlooking the backyard ideal for entertaining, relaxing or play. Backing to Fort Marcy, the setting feels wonderfully private. The tastefully renovated kitchen offers stainless steel appliances, abundant cabinetry & a dedicated desk or office nook with a bay window overlooking the backyard, perfectly suited for everyday living. A two-car garage & irrigation system add ease and convenience.
Upstairs, the spacious primary suite is a true retreat with dual walk-in closets & dual vanities. The finished walk-out lower level provides exceptional flexibility, featuring a fireplace, two additional bedrooms & a full bath perfect for guests, multi-generational living or a private workspace.
Residents enjoy access to two neighborhood tennis courts within a community where opportunities are rare because neighbors love to stay. Ideally located just minutes to downtown McLean, Tysons, Washington, D.C., Reagan National Airport, GW Parkway & I-495. Enjoy nearby Turkey Run Park & Scotts Run Park, offering scenic trails to the Potomac River, Chain Bridge & the C&O Canal.
This home offers a rare combination of privacy, space, charm & location in one of McLean's most desirable neighborhoods served by award winning schools.
Wood rot was observed during replacement of the sliding glass doors in the family room. The property is being sold strictly AS-IS. Purchaser acknowledges and agrees that seller will make no repairs and that purchaser shall accept the property in its present condition.
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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 McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017