2006 CLARK PLACE
About This Property
Nestled in the highly sought-after Hollin Hall neighborhood and within the esteemed Waynewood School District, this charming 3-bedroom, 2-bathroom brick single-family home exudes timeless appeal. Hardwood floors grace the interior, while French doors open to an inviting family room addition. Step outside to a picturesque back patio, perfect for relaxation or entertaining. Ample storage space, a brand-new HVAC system, a new roof, and some updated windows enhance both comfort and convenience.
Ideally situated in a peaceful cul-de-sac, this home is just minutes from charming shops, scenic bike paths, parks, a community pool, the Potomac River, GW Parkway, Metro, and the heart of Washington, DC. This is truly an exceptional offering in an unbeatable location! Whether it becomes a beloved family home or an investor's dream with its generous lot size, the possibilities are endless.
Experience nearby food and drink within walking distance, perfect for a Friday night meal. Enjoy River Bend Bistro and Wine Bar-visit their website.
Take a walk for coffee and a pastry on the weekend at Hollin Hall Pastry-check it out here.
Find convenient grocery and drug stores, as well as specialty shops, all within walking distance. Options include Safeway, Walgreens, Variety Store, Village Hardware, and more.
The neighborhood offers access to a variety of amenities, including nearby schools, preschools, and community centers. The house is situated on a beautiful, wide cul-de-sac with welcoming neighbors, adding to the property's appeal. Enjoy walks in the neighborhood or along the George Washington Parkway by the Potomac River in the late afternoon or on weekends.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017