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37 BATTERY POINT DRIVE
About This Property
Thoughtfully upgraded throughout, this home showcases engineered wood flooring with no carpet, architectural wood trim details, custom tile work, designer paint finishes, a barn door entry, and a custom glass shower enclosure. The well-appointed kitchen is designed for both style and functionality, featuring granite countertops, under-cabinet lighting, pull-out shelving in all lower cabinets, a custom spice rack, hands-free faucet, and newer appliances, including a microwave and oven (2023) and dishwasher (2024). Granite countertops continue into both bathrooms, and two refrigerators convey with the home.
Additional improvements provide exceptional comfort and peace of mind, including a new roof with a transferable 30-year warranty and 6-inch gutters (2017), added attic insulation, approximately 200 square feet of storage above the laundry room, an insulated garage door with smart opener, whole-house humidifier, hot water circulator, auxiliary heat in the sunroom and primary bath, backup generator, security system, and a garage workbench that conveys.
Step outside to enjoy the custom block patio, perfect for morning coffee or entertaining guests, with direct access to a walking trail leading to the community lodge. Residents enjoy an outstanding array of amenities, including indoor and outdoor pools, fitness centers, pickleball and tennis courts, walking and jogging trails, a clubhouse, community center, billiards and game rooms, hot tub, meeting and party spaces, picnic areas, concierge services, and even a bar and lounge.
Ideally located just minutes from grocery stores, restaurants, Target, Walmart, and I-95, this move-in-ready home offers the perfect blend of comfort, convenience, and an exceptional active adult lifestyle.
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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.
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About Celebrate Virginia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017