15897 MELODY LN
About This Property
Step inside to a bright and inviting layout, featuring a stylishly updated kitchen with sleek granite countertops, two-toned cabinetry, and stainless steel appliances. The open-concept flow connects seamlessly to the breakfast nook and family room, where a cozy fireplace sets the tone for relaxing evenings. A formal dining room and spacious living room provide additional space for entertaining.
Upstairs, you'll find a large primary suite with a walk-in closet, plus four additional generously sized bedrooms-a rare find! The finished lower level offers the perfect recreation space, with a walkout to the backyard and plenty of storage.
Enjoy Montclair's unparalleled amenities, including a 108-acre lake, three sandy beaches, scenic trails, and a golf course. The home is within walking distance of Dolphin Beach and just minutes from MCB Quantico, I-95, and commuter buses to the Pentagon and DC. Whether you're looking for outdoor adventure or an easy commute, this home delivers on all fronts. Don't miss this opportunity to own in one of Northern Virginia's most desirable communities!
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed by Long & Foster Real Estate, Inc. | $649,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Feb 10, 2023 | Sold | ||
| Sold | |||
| Sep 27, 2022 | Listed by Long & Foster Real Estate, Inc. | $529,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017