2901 HIDEAWAY RD
About This Property
Upon entry, you are greeted by freshly painted walls and newly installed vinyl plank flooring, exuding an air of sophistication throughout the main level. A traditional layout gives life to separate dining and living room areas, great for entertaining.
The kitchen has been completely revitalized, showcasing elegant granite countertops, soft-close cabinetry, and high-end Samsung appliances, complemented by an abundance of recessed lighting.
There are 3 spacious bedrooms on the upper level and 2 fully renovated bathrooms. WOW! The primary bedroom has a dynamite en suite bathroom with dual sinks, and large vanity with granite countertops.
Lower level has brand new carpet in the family room with cozy wood burning fireplace (upgradable to gas from the nearby already Ted gas line for the furnace and water heater) and walkout access to the backyard. Fantastic 'bonus room' with lots of light - great for home office, home gym or in law suite! Additional full bathroom and separate laundry room on this level as well.
Additionally the house has a brand new roof, new front door, new sliding glass kitchen door with integrated adjustable blinds, new windows, new gas hot water heater, new recessed lights, the list goes on and on!
House features a whole house gas backup electric generator, a water treatment system, a built in Kenmore central vacuum, and Thompson Creek gutters with warranty.
Home has TONS of storage throughout and a large 2 car garage.
House feeds to highly ranking schools: Fairhill Elementary, Jackson Middle, Falls Church High. FANTASTIC location between 66 and Rt 29 and minutes to two metro stations! Easy access to 123 and 495. Lots of shops and restaurants nearby. Must see! Quick close preferred. Book your appointment today!
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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.
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About Merrifield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017