1945 MARTHAS RD
About This Property
This Mid-Century Modern home, located in the highly desirable Hollin Hills neighborhood, offers the perfect blend of style and functionality with its one-level living design by the renowned architect Charles Goodman. The home features an addition that expands the primary suite, creating a spacious sitting room, and another that enlarges the second bedroom to include a home office. Third bedroom with floor to ceiling windows is currently used as home gym. A foyer addition ensures a gracious entry, while the open floor plan allows for easy flow between spaces, featuring a remodeled kitchen with a separate pantry and a dedicated dining area. The dramatic black fireplace wall, complemented by a new gas fireplace insert with remote control, serves as a stunning focal point. Throughout the home, updated flooring includes high-end luxury vinyl wood flooring and Berber carpet. The luxurious, newly remodeled bathroom has been completely renovated down to the studs, and many other updates have been made, including custom Levelor blinds throughout, double-pane windows, and a new electrical panel.
Situated on a large 0.40-acre lot, the property offers outdoor tranquility with a Koi pond featuring mature Koi, a Japanese-style bridge, and beautiful bamboo for privacy, all contained with a buried barrier. Multi-level decks add dining area, seating and new hot tub as well as firepit area. Newly added sod, extensive landscaping, and a sprinkler system in the front yard further enhance the beauty and functionality of this exceptional home.
Hollin Hills offers membership to 2 community pools as well as membership to a tennis and pickleball club. The scenic neighborhood boasts 7 parks, trails, an active Civic Association with seasonal celebrations, delicious super society and a friendly, close-knit environment. A commuter's dream location minutes from GW Parkway and trails, DC & the Pentagon; and south to Fort Belvoir, or north to Andrews AFB & Tysons Corner via I-495. This special address is an idyllic sanctuary to call home!
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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About Hybla Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017