21 BIRCH LN
About This Property
Beautiful 3 Bedroom 1.5 Bath Home in a quiet neighborhood with immediate access to I-95 and US 1. Less than a mile to a commuter lot and Virginia Railway Express (Stafford) station. Home has 3 bedrooms (walk-in closet in Master Bedroom) and 1.5 baths. Exterior roof has been replaced and vinyl siding and windows added along with new exterior doors and locks. Inside, there has been a total renovation. New Luxury Plank flooring on main level, new wall-to-wall carpeting on upper level. New kitchen cabinets, new granite countertops, new stainless steel appliances (fridge, stove, microwave, dishwasher), new washer and dryer, new bathrooms (tub, tub surround, faucets, vanities, toilets, medicine cabinets, fans, floors, lighting), all new interior doors and locks, all new plugs and switches, all new LED lighting, new paint on all walls and ceilings, new trim and base moldings, new back deck, fenced back yard, new entry concrete pad, new vapor barrier and insulation in crawl space.
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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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | Listed by Century 21 Redwood Realty | $294,900 | |
| Listed by Century 21 Redwood Realty | |||
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About Stafford Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017