36643 LEITH LN
About This Property
The upper level hosts a beautifully renovated primary suite, showcasing exquisite tile work, new double vanity, a soaking tub, a separate shower, and a dressing room with ample closet space. Two additional bedrooms share a bath with separate vanities and updated fixtures. On the lower level, a fourth bedroom with an ensuite bath is accompanied by a versatile recreational spaces or potential second office, along with a mechanical room, extra storage, and outdoor access.
For equestrians, the property includes a 5-stall center-aisle barn with a tack room, feed room, and wash rack, along with multiple paddocks and footing from a bluestone arena, ready to be reclaimed. The large, fenced backyard is ideal for dogs, and the property offers expansive views of neighboring farmland and the Blue Ridge Mountains.
Outdoor living and entertaining options abound, with large front and side porches, a rear deck, and a charming patio. A spacious 3-bay garage with new doors provides ample storage or workshop space. Located in a prime spot near Foxcroft School, this property is a great find in Virginia horse country.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017