36 PHILLIPS DRIVE NW
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Price Decreased |
$724,900
↓ $14K
(1.9%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Apr 12, 2025 | Listed by Real Broker, LLC | $749,000 | |
| Listed by Real Broker, LLC | |||
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Welcome to 36 Phillips Drive NW, a beautifully maintained and thoughtfully updated split-foyer home in the heart of the established Normandy Village neighborhood. With over 2,100 square feet of living space on a spacious 0.23-acre lot, this 4-bedroom, 2.5-bath home offers the perfect blend of classic charm and modern comfort. Step inside to find freshly installed carpet in all bedrooms (Fall 2024) and enjoy the ease of living in a home that’s been meticulously cared for. The upper-level features bright and inviting living and dining spaces that flow effortlessly into an updated kitchen, now equipped with high-end appliances installed in Fall 2024, and brand new countertops just installed.. From the dining area, step out onto a large, private balcony ideal for enjoying your morning coffee or hosting friends on the weekends. Downstairs, the finished lower level offers a cozy recreation room with a fireplace, a spacious den that can be used as a fourth bedroom or home office, and a remodeled screened-in patio—perfect for relaxing year-round. Plantation-style custom shutters (2023) add an elegant touch to the primary suite and both rooms downstairs, creating a polished and cohesive look throughout. Additional features include regularly cleaned air ducts, chimney, and gutters, plus an extended one-car garage that provides excellent storage. With no HOA, you'll enjoy freedom and flexibility, all while being just minutes from major commuter routes, Historic Downtown Leesburg, shopping, dining, and top-rated Loudoun County schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017