1318 MACBETH STREET
About This Property
Step inside to discover a bright and inviting main level featuring hardwood floors and a freshly painted interior. The open living room, complete with a cozy fireplace and large windows, flows seamlessly into the formal dining room, which includes elegant chair and crown molding and sliding door access to the expansive back deck. The updated kitchen boasts stainless steel appliances, quality cabinetry, a decorative backsplash, and a picturesque window with serene backyard views. The owner's suite includes generous closet space and a private en-suite bath, while two additional bedrooms on this level offer ample natural light and share a well-appointed hall bath.
The lower level is designed for versatility and comfort, featuring a spacious rec room with a second wood-burning fireplace-ideal for a family room, game space, or home theater. A large fourth bedroom with direct access to the backyard and a third full bath makes a perfect guest suite. The multifunctional laundry room includes built-in shelving, a utility sink, a second refrigerator, and a side entrance to the backyard.
Enjoy outdoor living at its best with a fully fenced, flat backyard, private deck, and shaded patio-perfect for summer barbecues and relaxing evenings. This home is just minutes from Spring Hill Elementary and the Spring Hill Rec Center, with access to the McLean Hamlet Swim & Tennis Club offering a vibrant community and year-round activities. Commuters will love the easy access to 495, Route 7, Dulles Toll Road, and the Silver Line Metro, as well as the close proximity to Tysons Corner, Capital One Hall, and a wide variety of dining and shopping destinations including Wegmans, Whole Foods, and The Boro.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017