20432 BUNKER HILL WAY
About This Property
The owner has taken great care of this home, replacing the following items: new windows, new bathroom fixtures and toilets, a new fridge, and a new washer and dryer. Other special features of this home include custom closet systems installed throughout the first floor; granite countertops in the kitchen and bathrooms; hardwood floors on most of the main level; upgraded tile in the bathrooms; beautiful window coverings in the living room, dining room, family room, and office; custom built wall unit in the office; crown moulding, chair rail and wainscotting in the entryway, living room and dining room. The garage has a painted floor and custom shelving. Sliding glass doors lead to a stone patio.
The interior has been freshly and tastefully painted.
Potomac Green offers its residents a wide range of social activities. The vibrant Potomac Green community wins awards for a reason - standout amenities, a variety of social opportunities, and an ideal location. The unit is conveniently located near walking trails and all that Potomac Green has to offer. The gated neighborhood features a remodeled 26,000-square-foot clubhouse, indoor and outdoor pools, tennis and pickleball courts, a fitness center, an indoor track, miles of trails, and even garden plots. Residents can participate in a dazzling variety of clubs, groups, and activities - there truly is something for everyone. Enviable proximity to One Loudoun, the Loudoun County Senior Center, Inova Loudoun Hospital, and Shopping, as well as major routes of transportation. Bus service is also available from the clubhouse.
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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%.
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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.
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 Potomac Green
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017