2642 WILD CHERRY PL
About This Property
Upstairs you'll find four very generously sized bedrooms, all with amazing closet space, and two updated Full Baths. The Primary bedroom has a sitting room with a sweet balcony overlooking the wonderfully private backyard. Up a few steps is the king-sized bedroom area and a large, newly refreshed Primary Bath, including a brand-new big shower, flooring, vanity, and more. The lower level offers more fabulous living space, with a brightly lit Family Room featuring an attractive raised hearth wood-burning Fireplace, a Full Bath, and a 5th bedroom/office/hobby room that adjoins the laundry room and walks out to the back yard. And yes, what a yard!!! The beautiful landscaping includes many colors as well as endearing pathways! The home backs up to parkland that has amazing natural walking paths for hours and hours of enjoyment, and is just a short walk to the elementary school, Little League fields and the Fox Mill Woods Swim and Tennis Club! NOTE: FOX MILL WOODS OFFERS RESTON LIVING WITHOUT ANY HOMEOWNERS ASSOCIATION!!!
And you've only heard the tip of the story! Main level remodel, appliances, and roof were completed in 2018; Windows in 2012/2018, HWH 2015, washer/dryer in 2020, to name a few! See the attached documents for more details! PLEASE NOTE: OPEN HOUSES HAVE BEEN CANCELLED, AND ALL OFFERS ARE DUE TO LISTING AGENT BY NOON ON SATURDAY. THANK YOU.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017