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4092 FALLWAY LANE
About This Property
NO HOA! Are you tired of dealing with HOA rules, come check out this wonderful rambler on almost 1/2 acre (feels even bigger)
Largest lot in the Woodbridge/Dumfries area priced $540,000-$625,000
Watch the world go by as you relax on your covered front porch overlooking lush yard & trees-Added bonus ramp to front door for easy access
Almost 2700 sq ft on 2 levels with oversized 2 car garage. 3 Bedrooms and 2 Full Baths upstairs plus a 4th true bedroom and full bath in the stunning recently remodeled walkout basement
Slider off the dining area leads to great deck overlooking the lush yard. Extra bonus don't miss the retractable awning (with remote) installed 2013 that will protect your afternoon BBQ from the hot sun or a sudden rain shower. All white eat-in kitchen with recessed lighting, under counter lighting. Adjacent mudroom/laundry expands the space even more. Top-of-the-line, GE profile washer & dryer with smart technology, new 2022. French door fridge w/icemaker 2013, and LG shelf microwave plus brand new stove and dishwasher 2023. New ceiling fan with light and remote in dining area. 2 Fireplaces, one in living room (propane gas-tank is leased "as-is") and wood burning fireplace in the lower level rec room
Most of home has been freshly painted
Lower level updated with open design (most divider walls removed) and beautiful Luxury Vinyl Plank flooring. New RHEEM water heater 2023*Carrier Heat Pump approx 2002*Carrier Electronic Air Filter & UV Air Purification System, & Humidifier*ROOF 2016. Huge deep garage with lots of extra storage. Freezer in garage conveys "as-is". The almost 1/2 acre lot is flat and level in the back and there is no septic system it is public water/sewer*Huge shed has ramp to add your own riding mower.
Approx 5 miles to Potomac Mills, COSTCO, Sams Club, and Wegmans. Approx 9 miles to Quantico main gate.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | In contract | - | |
| In contract | |||
| Jul 28, 2023 | Listed by Weichert, REALTORS | $580,000 | |
| Listed by Weichert, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017