408 TAMARACK LN
About This Property
Wow! Beautiful updated Colonial on quiet premium lot backing to trees and open field. Sip your morning coffee on the impressive oversized TREX front porch - maintenance free!! The beautifully updated custom Kitchen has SS appliances (2022), double pantry cabinetry, two ovens and a wall of windows to enjoy the view of the lawn and patio! Family Room with white brick hearth has an oversized mantle framing the wood burning fireplace. Imagine holiday gatherings in the lovely separate Dining Room. The cheerful Living Room /Office has hardwood floors and a French door entryway. This house is freshly painted featuring both oak hardwood floors, LVP and new carpet throughout. Enjoy the five generous Bedrooms on upper level (hard to find), all with ceiling fans and double windows. The Hall Bath has custom vanity and designer tile flooring. Primary Suite is freshly painted with NEW carpet and updated Primary Bath. Lower Level is expansive to include Rec/Media Room, Wine Room and Hobby Room with NEW carpet and NEW LVP. All windows are the top of the line Marvin Infinity of fiberglass construction. NEW roof in 2023. Popular features include wainscoting, chair rail, crown molding, tray ceiling plus a VERY large shop/office (or possible in-law suite) attached to the garage! WOW! The fully fenced superior lot is ready for family fun and al fresco entertaining with BOTH a deck and patio PLUS hot tub and auto-retractable awning!
Close to shopping, restaurants and commuter routes - Rt. 28, Route 7 and Rt. 66, Dulles Airport , METRO and bus routes. This is the unique property you've been dreaming of.
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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