20989 NIGHTSHADE PL
About This Property
The upper level is a true retreat, offering generously sized bedrooms, each with its own en-suite bathroom and ample closet space. The master suite is a luxurious haven with his-and-her bathrooms that were recently remodeled in 2023. Upper level bathroom upgrades valued at $70,000.
The finished basement is an entertainment hub, featuring a custom theater with state-of-the-art sound and projection equipment, a bar, a built-in buffet center, and a walk-out patio with a built-in fire pit and seating bench. These recent renovations, completed in 2023, make this basement perfect for hosting friends and family. Outside, you'll find a beautifully landscaped yard with an outdoor covered cabana connected to the deck. Outdoor spaces feature lighting for convenience. Additional features include a 3-car garage with built in storage cabinets, newer roof (2016), updated HVAC (2021), replaced water heater (2022), and a freshly painted exterior (2023).
Beyond the exceptional features of this home, Ashburn, VA offers a vibrant community with numerous benefits. As a resident of sought-after Ashburn Farms, you'll also have access to exclusive neighborhood amenities such as a swimming pool, tennis courts, walking trails, community parks, playgrounds, a clubhouse, and more. Ashburn is known for its friendly and welcoming atmosphere, with a variety of community events and activities. The region's thriving economy provides ample job opportunities and a bright future for residents.
Don't miss this opportunity to make this beautiful home yours and experience all that Ashburn has to offer! ***As an added bonus, most of the home's custom-bought furniture and window treatments convey with the home sale.***
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Price Decreased |
$1,550,000
↓ $49K
(3.1%) | |
| Price Decreased | |||
| Oct 24, 2024 | Price Decreased |
$1,599,000
↓ $76K
(4.5%) | |
| Price Decreased | |||
| Oct 11, 2024 | Listed by Samson Properties | $1,675,000 | |
| Listed by Samson Properties | |||
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About Ashburn Farm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017