2339 COLTS BROOK DRIVE
About This Property
In the partially finished basement, not only is there plenty of recreation and gathering space, there's also easy access to the rear yard through the walk up stairs from the double doors in the unfinished area – space that can easily be converted to additional living space or be kept as a large storage room.
Freshly installed windows flood the home with natural light, while a new roof and newer HVAC system ensure peace of mind for years to come. Enjoy a variety of shopping, dining, and entertainment experiences nearby, or take advantage of recreational opportunities through the Reston Association or at one of the area's local parks and trails. A commuter's dream conveniently located near Fairfax County Parkway, the Dulles Toll Road, Route 50, I-66 and only a few minutes to Dulles International Airport. Whether you're relaxing in one of the beautifully renovated spaces or enjoying the vibrant Reston community, this home has it all. Don't miss this move-in-ready masterpiece-schedule your tour today!
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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%.
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.
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About Reston
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$3,900 /mo
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$3,100 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017