1605-B N VAN DORN ST
About This Property
The bedroom offers plush carpet and a large walk-in closet, perfect for all your storage needs. The bathroom is equipped with ceramic tile flooring, adding a touch of elegance and practicality. Enjoy the convenience of an in-unit full-size washer and dryer, making laundry days a breeze. One of the standout features of this home is the super large patio, offering ample space for outdoor relaxation, entertaining, or gardening in a private setting.
Residents of this community can take advantage of a variety of fantastic amenities, including an outdoor pool, a well-equipped exercise room, and a community center, enhancing your living experience. This condo's location is exceptionally convenient, with a metro bus stop just a short walk away, providing easy access to the entire region. The property is close to major roads, including Interstate 395, making commuting a breeze whether you're heading to work or exploring the area.
You'll find yourself near a variety of shops, schools, and restaurants, as well as the vibrant community of Shirlington with its unique boutiques, dining options, and entertainment venues. The condo is also in close proximity to a hospital, Old Town Alexandria, the Pentagon, Washington, DC, and the National Harbor, offering endless options for dining, shopping, and cultural experiences. For those who travel frequently, the airport is also just a short drive or metro away, adding to the appeal of this ideally situated home.
This property is not only perfect for those looking for a comfortable and convenient place to call home, but it's also an excellent opportunity. This combination of location, amenities, and potential makes this condo a standout choice in today's market.
Don't miss your chance to own this exceptional property in a prime location with everything you need at your doorstep. Whether you're a first-time buyer, a busy professional, or an investor looking for a reliable income stream, this condo offers something for everyone. Schedule your showing today and discover why this home is the perfect blend of comfort, convenience, and value!
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 17, 2024 | Relisted | $340,000 | |
Relisted | |||
Sep 16, 2024 | In contract | - | |
In contract | |||
Aug 29, 2024 | Relisted | $340,000 | |
Relisted | |||
Jul 4, 2024 | Listed by Samson Properties | $320,000 | |
Listed by Samson Properties |