1424 KINGSTREAM DRIVE
About This Property
MAJOR IMPROVEMENTS JUST MADE! Brand New Finished Basement! Brand New Roof! Brand New Glass Replacement on 12 Windows including large view bay window! Brand New Sliding Glass Door! Repainted Exterior Window Shutters!
Beautiful 4 bedroom, 3 full bath, 2 car garage single family home in Herndon. This home has had many recent updates (IN ADDITION to what's already been mentioned)! Step into the main level to find gorgeous and newly installed LVP floors throughout this level - throughout the dining room, office/bedroom, family room and kitchen! The main level has a bedroom and a full bath with upgraded floor/shower tiles for added convenience or it can be used as an office. Enjoy warming up by the wood-burning fireplace in the family room. Kitchen has new stainless steel appliances (newer refrigerator), cabinets newly painted white, and a nice eat-in area at the bay window in the kitchen. Walk out to the large deck to enjoy the nice backyard! Ascend the stairs to access 4 spacious bedrooms including the primary bedroom with his and hers closets. The upstairs bathrooms have been updated with new vanities, faucets, and mirrors. Descend to the lower level to discover a newly finished basement! Additional recent updates include a new roof, new glass replacement on 12 windows (on top 2 floors), repainted exterior window shutters, new sliding glass door, new lighting and fixtures, fresh paint throughout the house, resealed driveway, and epoxy painted garage floor! Great community amenities and location with easy access to Fairfax County Parkway and Route 7.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Price Decreased |
$779,990
↓ $20K
(2.5%) | |
| Price Decreased | |||
| Jun 28, 2024 | Price Increased |
$799,990
↑ $20K
(2.6%) | |
| Price Increased | |||
| Jun 6, 2024 | Listed by EXP Realty, LLC | $779,990 | |
| Listed by EXP Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017