20357 RIVER BANK ST
About This Property
The main level has an office, a separate living room, and a screened-in porch and deck located off of the kitchen.
The upper level has 4 bedrooms and 2 bathrooms. The primary suite includes a sitting area, walk-in closets, an en-suite bathroom, and a bonus room - ideal for a home office or exercise room. Three additional bedrooms and a second full bath complete the upper level.
The walk-out basement is designed for entertainment and functionality, featuring a wet bar, a 5th bedroom, a 3rd full bath, a recreation room, and ample storage space. The location is amazing with quick access to great restaurants and area amenities. The community is surrounded by scenic trails and parkland, including Algonkian, Heritage Trail, and the Potomac River. The home also offers convenient access to major commuter routes such as 28, 7, Dulles Toll Road, and Fairfax County Parkway.
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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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About South Bank
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017