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320 N CONSTITUTION WAY
About This Property
A stunning stone walkway leads to a gorgeous full length stone porch, perfect place to relax and unwind any time of day. Step inside the impressive two-story foyer where you'll find manufactured hardwood floors and custom paint throughout the marvelous main level add elegance and lovely detail. The elegant formal living offers crown molding and the dining room is enhanced with crown, chair, and picture molding details. The beautifully appointed gourmet kitchen features plentiful cabinetry, granite countertops, center island with propane gas cooktop, updated appliances including double wall oven, walk-in pantry, built-in desk space, and an adjoining breakfast room with French doors leading to the custom deck overlooking the fenced rear yard.
The spacious family room offers crown molding, recessed lighting, ceiling fan, and a cozy stone-hearth propane gas fireplace. A private main-level office/den/study with crown molding provides the ideal work-from-home space. The main level is completed by a stylish half bath with pedestal sink and a functional mudroom with washer and dryer, cabinet storage, closet space, and access to the oversized two-car garage featuring custom painted flooring .
Hardwood stairs lead to the upper level with upgraded carpeting throughout. The luxurious primary suite features a vaulted ceiling w/ ceiling fan, two spacious walk-in closets, and lux bath with double vanity, tile flooring, corner jetted tub, and separate shower. Three additional upper-level bedrooms offer generous closet space, custom paint, and ceiling fans. The updated hall bath includes tile flooring, updated vanity, and tub/shower combination.
The fully finished walkout lower level is designed for entertaining and flexible living with luxury vinyl plank flooring, recessed lighting, and custom paint. The expansive recreation room is ready for relaxing, game days, and movie nights. The fifth bedroom includes two full windows and custom paint, while the third full bathroom features an updated vanity and tub/shower combination. A versatile bonus room with oversized walk-in closet and recessed lighting is perfect for a home office, gym, craft room, playroom, or additional storage. Double French doors provide access to the expansive and fenced rear yard.
Enjoy all that Purcellville and Western Loudoun have to offer, including charming small businesses, farm-to-table restaurants, wineries, breweries, scenic farms, and outdoor recreation. Conveniently located near the W&OD Trail, Bush Tabernacle Skating Rink, Fireman's Field, and the Franklin Park Arts Center, this home offers the perfect blend of comfort, convenience, and community. Truly, there is no place like home.
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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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About Old Dominion Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017