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1501 OLDE TOWNE ROAD
About This Property
Welcome to 1501 Olde Towne Road, a home where timeless charm, thoughtful craftsmanship, and an unbeatable location come together in the heart of New Alexandria. Set on a rare corner lot, this beautifully maintained Cape Cod offers a warm and inviting atmosphere from the moment you arrive.
Inside, custom details elevate every space, from Frank Lloyd Wright-inspired millwork and built-ins to custom Andersen windows and refinished hardwood floors. The main level is designed for comfortable everyday living, featuring a spacious gourmet kitchen, dedicated dining area, cozy gas fireplace, updated full bath, and a convenient laundry/mudroom. Two flexible main-level bedrooms provide endless possibilities for a home office, guest space, playroom, or fitness room.
Upstairs, the private primary suite offers a peaceful retreat complete with an ensuite bath, walk-in closet, built-in storage, and charming dormer window seats perfect for reading or relaxing.
The outdoor space is equally impressive. The large landscaped yard, enhanced by raised garden beds and mature plantings, provides room to garden, entertain, or simply enjoy a quiet evening on the private patio. The deep one-car garage includes built-in cabinetry and workspace for hobbies or additional storage.
What truly makes this home special is its connection to the surrounding community. Enjoy neighborhood traditions, community events, and the convenience of being just moments from Belle View Shopping Center, Belle Haven Country Club, Huntington Metro, Old Town Alexandria, and miles of trails along the Potomac River. Whether you're biking to the Mount Vernon Trail, picking up dinner nearby, or spending an afternoon at Dyke Marsh, everything you need is within easy reach.
A home filled with character, surrounded by community, and perfectly positioned for both convenience and recreation-1501 Olde Towne Road is a place you'll love coming home to.
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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.
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About Belle Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017