2013 PATRICK HENRY DRIVE
About This Property
Kitchen appliances, hot water heater and AC Compressor are all new as of 2021. New roof shingles as of 2022. Large, 8000 sq ft corner lot with fenced in backyard and mature landscaping. Long driveway with space for two cars.
All of this in Tara Leeway-Heights - one of the most sought after neighborhoods in Arlington! It's a short walk to Westover Beer Garden and Market, The Italian Store, The Lost Dog, and all of the other amenities Westover Village has to offer. East Falls Church metro is one and a quarter miles away.
Please note: Listing agent is part owner of this property.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$1,175,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| May 30, 2025 | Price Decreased |
$1,184,900
↓ $64K
(5.1%) | |
| Price Decreased | |||
| May 22, 2025 | Price Decreased |
$1,249,000
↓ $100K
(7.4%) | |
| Price Decreased | |||
Property Highlights
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About Tara - Leeway Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017