1622 FOREST LANE
About This Property
The backyard is built for summer. The salt water swimming pool is heated with an interesting waterfall. The pool surround is ideal for relaxing and sun bathing plus there is an expansive covered patio for the hot summer days---ideal for your Bar-B-Q's no matter what the weather. The convenient hot tub has direct access to the Primary Bedroom Suite, PLUS, a 30-foot deck off the kitchen is perfect for everything from morning coffee to weekend entertaining.
The main level lives easy: a generous eat-in kitchen, formal dining area, powder room and spacious living room with fireplace that flows into a bright sunroom with walls of windows. The primary suite is on the main level and includes a large walk-in closet and updated ensuite bath.
Upstairs, two oversized bedrooms share a full bath, with walk-in closets and plenty of attic storage. Note the built in beds!! The walk-out lower level adds two more oversized bedrooms, full bath, huge recreation room with fireplace, wine cellar, a flex room ready for a gym or office, and its own covered patio. Inside access to the attached garage plus driveway parking.
All this in a prime McLean location minutes from Tysons, Downtown D.C. (the Kennedy Center is less than 20 minutes) Shopping and major commuter routes.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017