1505 SPRING VALE AVENUE
About This Property
The main level features generous living and dining rooms and an eat-in kitchen with granite countertops, a center island, and gas cooking. The adjoining family room offers built-ins and a wood-burning fireplace, while a private paver terrace provides an inviting setting for outdoor dining and entertaining within the landscaped, fenced yard.
Upstairs, four bedrooms include a spacious primary suite with two walk-in closets and an en-suite bath. The finished lower level extends the living space with a dedicated movie room, a family room with a gas fireplace, a full bathroom, and flexible space for a home office, gym, or playroom, plus laundry and storage.
A detached two-car garage with an EV charger completes the property. Ideally located near McLean High School, with convenient access to Tysons and major commuter routes.
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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 |
|---|---|---|---|
| Oct 5, 2026 | Listed by TTR Sotheby's International Realty | $1,900,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Jul 25, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | In contract | - | |
| In contract | |||
| May 16, 2023 | Price Decreased |
$1,650,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017