20396 OYSTER REEF PLACE
About This Property
Charming Somerset Model with Loft – Comfortable & Convenient Living
This well-maintained 3-bedroom, 3-bathroom home, built in 2010, offers a thoughtful layout with plenty of space to live and entertain. The main level features two bedrooms, spacious living and dining rooms, and a large family room with beautiful wood floors and a 2-story ceiling that adds to the sense of openness. The kitchen, complete with granite countertops, is designed for easy living and offers a functional space for meal prep and casual dining.
The owner's suite is bright and welcoming, with a large walk-in closet and a private, well-appointed bathroom. The second bedroom is located near a conveniently updated bathroom with a walk-in shower/tub combination.
Upstairs, the loft area provides additional space for relaxation, while the third bedroom and full bath offer a quiet retreat for family or guests. Outside, the patio overlooks the backyard, which opens to a peaceful grassy common area.
Located near major transportation routes, this home is just minutes away from the shops, restaurants, and entertainment of One Loudoun, offering both convenience and comfort.
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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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$855,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| May 4, 2025 | Price Decreased |
$865,000
↓ $14K
(1.6%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$879,000
↓ $11K
(1.2%) | |
| Price Decreased | |||
Property Highlights
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About Potomac Green
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017