2510 FREETOWN DRIVE
About This Property
Set back from the street with a long driveway and spacious front yard, it's the kind of place where kids can ride bikes or play outside while neighbors wave hello.
Step inside and you'll experience a home that has been thoughtfully updated over the years, blending modern comforts with timeless charm.
The main level offers brand-new LVP flooring and a flowing layout with both formal and casual spaces. A reimagined kitchen renovation brings together style and function, with plenty of cabinetry, updated finishes, and a sunny breakfast area overlooking the front yard.
The dining room opens out to a large patio and a fully fenced backyard with wooded views, perfect for dinner parties or quiet evenings surrounded by mature trees.
Upstairs, the primary suite has been transformed into a true retreat, complete with a spa-like bath and a sitting room flooded with natural light, serving as a peaceful corner for reading, working, or yoga.
Downstairs, the home's split-level design provides flexibility with another living area anchored by a fireplace for cozy nights in. A separate suite with a kitchenette, full bath, and a private exterior entrance creates endless possibilities: a private guest quarters, in-law suite, or even an income-generating rental space.
With a newer roof, renovated kitchen & primary bath, fresh paint throughout, new recessed lighting, and updated flooring, this home is move-in ready.
Life in this neighborhood is just as special as the house itself. With only about 300 homes, there's a true sense of community: summer pig roasts, a ladies book club, neighborhood Oktoberfest, and even a men's whiskey club. The one-mile loop of Freetown Drive makes it easy to enjoy peaceful walks, bike rides, and friendly encounters with neighbors and their pets. And as part of the Reston Association, you'll have access to miles of trails, multiple pools, tennis and pickle ball courts, tot lots, and lakeside recreation.
For commuters, the location is unbeatable - just minutes to the Wiehle and Reston Town Center Metro stations, and with quick access to the Dulles Toll Road. Everyday essentials are close by with Safeway around the corner, and Trader Joe's, Whole Foods, and Wegmans all within ten minutes. Reston Town Center is a short drive for dining, shopping, and entertainment.
Don't miss this opportunity to plant roots in Reston, Virginia!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017