2910 GRAY STREET
About This Property
Step outside to your own private retreat featuring a sparkling in-ground pool with a jetted hot tub and a waterfall feature, expansive hardscaping, and a beautiful screened-in porch-perfect for morning coffee, evening gatherings, or enjoying the seasons in comfort. Your porch has a gas fireplace to help with those chilly days and nights. Multiple outdoor living spaces create a true backyard oasis rarely found in this location.
Enjoy the convenience of a highly walkable setting-just minutes to Oakton Shopping Center with Giant, CVS, Starbucks, Bobby's Bagels, UPS, and a variety of dining options. Hunter Mill Plaza is also within walking distance, offering even more restaurants including Dunkin Donuts, Chipotle, Vietnamese, Chinese, Thai, Italian, etc and everyday services. Nearby access to the library, veterinary care, dentists, and optometrists adds to the ease of daily living.
Commuters will appreciate quick access to Route 66 and the Vienna Metro, with Dulles Airport approximately 20 minutes away. Located within the sought-after Oakton school pyramid, this home is walking distance to Oakton Elementary and Oakton High School, with bus service to Thoreau Middle School. Recreation options abound just minutes away at OakMont Rec Center, featuring golf, a heated driving range, and more. Fair Oaks Mall and Tysons Corner are also a short drive away for premier shopping and entertainment.
Major updates include a new roof installed in March 2022.
DEADLINE OF OFFERS: Wednesday, May 13th at 12 noon.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017