3600 ALBERTA DR
About This Property
Step into the foyer, where natural light shines across the hardwood floors, leading you into the living room with vaulted ceilings and a cozy fireplace. The eat-in kitchen boasts the most incredible walk-in pantry, granite countertops, stainless steel appliances, and solid wood cabinets, perfect for home cooked meals and entertaining guests. The four season room is the jewel of the main level with windows overlooking the backyard and a large deck. Retreat to the main level primary suite, complete with a renovated ensuite bath featuring a soaking tub, frameless glass shower, and dual vanities. This home perfect place to relax after your commute on the VRE train which is just 3 miles away. There are 4 other bedrooms and 2 full bathrooms for family and guests to enjoy your beautiful new home. The walkout basement is complete with a huge recreation room, the biggest laundry room you have every seen, and plenty of unfinished storage space.
Outside, discover a private backyard sanctuary, perfect for hosting summer barbecues or simply enjoying the Virginia weather. Located in the Timberlake neighborhood, 3600 Alberta Dr. provides convenient access to local amenities, like the Spotsylvania shopping centers, just .2 miles from Cedar Forest Elementary school, and 3 miles from the VRE train station.
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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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Price Decreased |
$495,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jun 7, 2024 | Relisted | $510,000 | |
| Relisted | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Spotsylvania
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017