3709 RIDGE ROAD
About This Property
This 4-bedroom, 2-bath brick colonial provides ample living space and a finished walkout basement. Hardwood floors run throughout much of the main level, and the home features living areas with natural light and traditional charm. The finished walkout basement provides additional flexible space for recreation, work, guests, or hobbies with direct access to the rear yard.
Situated on over one-third of an acre, the property includes a fenced-in backyard with mature trees, offering privacy, room for outdoor enjoyment, gardening or pets. The elevated rear deck overlooks the yard, creating an ideal space for outdoor seating.
Conveniently located near Columbia Pike (Route 244), Gallows Road, and Little River Turnpike (Route 236), the home has easy access to major commuter routes throughout Fairfax County and into Washington, DC. Nearby public amenities include Mason District Park, Belvedere Park, and multiple playgrounds and sports fields, along with shopping and dining.
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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 Annandale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017