401 CAVENDISH STREET
About This Property
PUBLIC REAL ESTATE AUCTION EVENT
The seller is moving to the southern region of Virginia and has entrusted us with the sale of this well-located, solid home in Fairfax County. Ready for immediate occupancy, the home offers the perfect opportunity for you to update and personalize at your own pace. This rare chance is an incredible opportunity for YOU!
Live On-Site Auction w/Live Real Time Online Simulcast Bidding for Your Convenience!!
Need a Mortgage?....Just click on one of the lenders in the "Financing" menu above.
Property Tour: Friday, September 19 @ 11am SHARP!! Please contact listing contact Nick Arrington for more information or for private showing
4 BR/2.5 BA home on .26 +/- acre cul-de-sac lot in the Hunters Creek subdivision of Fairfax County, VA
This home measures 1,810 +/- gross sf. and features an eat-in kitchen (all appliances convey); dining room; living room; den w/fireplace (wood stove conveys); laundry area (washer/dryer convey); walk-out basement w/paneled walls, windows, sink & upgraded lighting; attic; attached 2 car garage (484 +/- sf.)
Wood flooring in kitchen & hall; carpet in remainder of home
Heating & Cooling: Heat Pump/Central AC
Public water & sewer; electric 50 gallon fiberglass water heater w/energy saving timer
Large rear deck (approx. 360 +/- sf.); asphalt driveway
Internet: Verizon/Cox
Other features: 5 year old roof; whole house surge protection; ethernet surge protection; partial home generator hookup
This home backs up to Fairfax County Park Authority Land/Sugarland Run Stream Valley Trail, and has convenient access to wonderful hiking/running trails that traverse a creek. The Hunters Creek neighborhood is comprised of 274 homes in the northeast corner of the Town of Herndon. Membership to the Hunters Creek Swim & Racquet Club are optional and can be purchased separately.
Ideally located only 1.5 miles to Fairfax County Parkway, 2 miles to Reston Hospital Center, 2 miles or less to all schools, 2.5 miles to Dulles Access Road, 3.5 miles to Rt. 7, 5 miles to Dulles International Airport, 7 miles to the Metro Station, and only a short drive to Sterling, Reston, Ashburn, Tysons Corner/I-495 & Leesburg, VA!!
Tax Maps: 0113-04-0113; Deed Book: 20128-1596; Zoned: PD-R; HOA fee: $170 per year; Yearly real estate taxes: $9,519.55 (2025); Home was built in 1979 and has wood & aluminum sided exterior; $20,000 deposit (certified check ONLY) is due immediately after confirmation of final bid, must be shown at registration and the balance due at closing within 30-45 days; WE GUARANTEE A FREE & CLEAR DEED
Only $400,000 Starting Bid!!
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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 Herndon
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