20461 MCGEES FERRY WAY
About This Property
Accessibility upgrades include a garage-installed vertical platform lift and a front ramp for step-free entry.
Step outside to a beautifully landscaped lot with a spacious deck-perfect for relaxing or entertaining.
Major system updates: Hot Water Heater (2021), HVAC (2017), and a replaced roof.
Enjoy all the amenities Cascades offers: 5 pools, 2 clubhouses, tennis & pickle ball courts, trails, tot lots, and access to Algonkian Park, the Potomac River, golf, and more. Prime commuter location minutes to Washington DC, Tysons, Reston, and Dulles Airport. Whether you're commuting, traveling or exploring upscale shopping and dining you'll find it here! Don't wait- this one checks all the boxes! OPEN Sunday 6/8 1-3 PM!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$825,000
↓ $14K
(1.7%) | |
| Price Decreased | |||
| May 31, 2025 | Price Decreased |
$839,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| May 21, 2025 | Listed by Long & Foster Real Estate, Inc. | $849,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017