37746 BROOKS LN
About This Property
The main level is comprised of a large great room with wood burning stove, gorgeous reclaimed wood floors from an old tobacco barn, windows and French doors lead to the covered side porch with lighting and ceiling fans - the perfect spot for grilling and al fresco dining. From the great room, there is access to the mudroom with built in cubbies, a built in desk, and large laundry room. The kitchen and ding rooms are highlighted with an arch wall detail, custom checkerboard paint design on the flooring, designer light fixtures, and French doors leading to a rear deck, flagstone pathways, and mature landscaping. A bright and open staircase leads to the upper level - all 3 bedrooms have the same reclaimed wood flooring, walk-in closets with built -in shelving and wainscot detailing. The primary bedroom has ensuite bath with a custom wooden vanity and a classic tiled shower. The hall bathroom has a double sink vanity with marble top, a dedicated lined closet, and a tiled bath/tub. The fully finished lower level is carpeted and offers a flexible floor plan - there are 2 rooms with closets that can easily function as additional bedrooms, a full bathroom with incredible claw foot tub, a large living room, wainscot details in every room, and a set of double doors which lead to the walk out yard.
The yard is a gardener's dream -perennial gardens filled with pachysandra, hydrangea, holly, rhododendron, maple trees, boxwoods, Liriope, moss, flowering bulbs and so more. Extensive flagstone hardscape in front and rear garden, multiple porches, decks, shed/small barn, raised beds, fire-pit and Incredible views and a beautiful views of the landscape/nature from every room. The perfect property for small livestock or poultry.
Located within walking distance to Lincoln Elementary, the Lincoln post office, Abernathy & Spencer nursery. numerous historic sites, and the Lincoln loop walking trail. Enjoy living just 1.5 miles south from the town of Purcellville. One of the last remaining dairy farms creates a picturesque buffer between the village of Lincoln from the town of Purcellville. Frequent the many dining and shopping amenities without town taxes or water bills -and also enjoy living just minutes from W&OD Trail, the Appalachian Trail and countless Western Loudoun wineries and breweries . Easy access to Route 7, the Greenway and Dulles International Airport. Don't miss this rare opportunity!
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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