18020 ALBERT DRIVE
About This Property
Welcome to your own peaceful paradise on a quiet private road, where nature, space, and serenity come together in a beautifully maintained Colonial farmhouse. This 5-bedroom, 3-bath home offers a warm and inviting atmosphere with the perfect blend of privacy and community.
Step through the front door into a welcoming foyer that opens to a bright, airy living room with vaulted ceilings and a fireplace that anchors the space. The open kitchen and breakfast area enjoy serene wooded views, flowing effortlessly into the adjacent family room.
The primary suite offers privacy and comfort with its own ensuite bath. Downstairs, the finished walkout lower level adds exceptional versatility. Complete with a sink, refrigerator (creating an almost full kitchen setup), living area, bedroom, and full bath, this space is well-suited for in-law quarters, extended guest stays, or potential income-generating use. From a private apartment-style retreat to multi-generational living, the layout supports it. A partial-home generator provides electricity to key portions of the home, adding peace of mind and reliability.
Outdoor living truly sets this property apart. Start your mornings with coffee on the inviting wraparound porch and take in sunset views from the expansive rear deck. The fully fenced backyard features a dedicated outdoor theater space with swing seating and a fire pit, creating a one-of-a-kind setting for entertaining. An adjoining stone patio expands your options for dining and gathering under the open sky.
Parking is never an issue with a two-car garage plus 3-4 additional driveway spaces. Above the garage, a private bedroom with an egress window offers versatile space for guests, a teen suite, or a home office. The home is situated in a welcoming, peaceful neighborhood.
This property has the peace and safety to walk your pets without traffic worries, while still being close to charming Downtown Culpeper, UVA in Charlottesville, and key commuter routes, including VRE stations, park & rides, and access to EZ-Pass express lanes.
Plus, it's close to military bases, Shenandoah parks, farmers' markets, and cool historic spots like Colonial Williamsburg.
Secluded comfort meets easy access. A few updates could make this gem shine even brighter, so bring your vision and make it yours.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017