16606 SPACE MORE CIR
About This Property
As you enter this lovely home, gleaming hardwood floors greet you as they flow into the light-filled main level. The open and spacious kitchen offers a breakfast area, French doors, granite countertops with island, stainless steel appliances, pantry and ample cabinet space. The adjacent family room, adorned with a stone gas fireplace, is an inviting space for both entertaining and intimate gatherings.
On the upper level primary bedroom features an en-suite bathroom with soaking tub, separate shower, dual sinks, & walk-in closet. Additionally, there are 3 well proportioned bedrooms and a hall bathroom with dual sinks.
The lower level is a haven for entertainment, featuring a recreation room equipped with a built-in sound system and a luxurious wet bar complete with a wine cooler-ideal for hosting lively football game get-togethers. French doors that walk up to a patio with lighted stairs and outdoor speakers. The lower level also includes a full bathroom, a utility room with an additional refrigerator, and a large unfinished room that serves as the perfect canvas for an office or potential 5th bedroom.
Be sure to checkout the 3D Virtual Tour and Video Walkthrough!
UPDATES INCLUDE: NEW- DUAL ZONE HVAC, All NEW CARPET & PAINT THROUGHOUT , 2020- BASEMENT WET BAR & DISHWASHER
Enjoy the vast array of amenities in Port Potomac with an indoor and outdoor pool, completely renovated clubhouse, gym, tennis and basketball courts, multiple playgrounds/tot lots, dog park and walking paths and low HOA fees. VERY close proximity to Quantico, VRE commuter railway, I-95, EZ pass lanes, multiple commuter lots. Less than 2 miles from Stonebridge at Potomac Town Center boasting an array of dining and entertainment, 5 minutes away from Leesylvania State Park, and Potomac River.
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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