20846 MEDIX RUN PLACE
About This Property
This stunning 4-bedroom, 3.5 bathroom single-family home sits on a beautifully landscaped corner lot in one of Ashburn's most desirable communities. Thoughtfully updated, this home offers over 3,700 square feet of elegant living space and a backyard built for entertaining.
Inside, you'll find gleaming hardwood floors on both the main and upper levels, updated lighting with ample recessed lights, and renovated bathrooms throughout. The kitchen has been reimagined to include a custom walk-in pantry and laundry room-complete with a pocket door and extra cabinetry for enhanced functionality. Recent appliance upgrades include a new dishwasher.
Enjoy year-round comfort in the bright and inviting sunroom, formerly the porch, which opens to two spacious decks. One is ideal for quiet mornings, while the other leads to a stamped concrete patio with a built-in fire pit and seating wall-perfect for gatherings. Privacy trees line the backyard, creating a serene outdoor oasis.
Downstairs, the finished walk-up basement includes a cozy gas fireplace with a stone hearth, a large rec room, fully remodeled full bath, and a bonus room perfect for a home gym or office.
Ashburn Village residents enjoy access to pools, sports courts, miles of trails, and a vibrant community center. With top-rated schools, shops, and restaurants just minutes away, this home truly checks all the boxes.
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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 Ashburn Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017