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26133 WENDELL STREET
About This Property
Extensive basement renovation completed in 2019, including the hiring of a Structural Engineering firm to remove obstructive column and install higher load beam to open up the great room. The basement great room includes a custom built in entertainment console with linear electric fireplace. The walk up basement also includes an awesome custom bathroom, wet bar with bar fridge, kegerator, and dishwasher. Bonus room in basement can function as an additional office /craft /optional 5th bedroom .
Big ticket items also been completed for your convenience . New roof in 2017, Wifi/smartphone capable Irrigation system installed in 2018, New water heater and sump pump in 2020, new furnace in 2022 and new exterior lighting package , Ethernet and COAX run throughout house for hardwired internet and TV's where desired, including TV in the painted and oversized 650 sq foot garage.
With 4 neighborhood pool to include a splash park, fitness trails, sports courts , volleyball, tennis and basketball courts make this the perfect neighborhood to call home. Located close to grocery, restaurants, shopping and Dulles Airport . Close to newly relocated St. Paul VI High School
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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 South Riding
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$5,500 /mo
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$2,975 /mo
- 4 Beds
- 3 Baths
- 2,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017