4107 CONRAD ROAD
About This Property
The main level features a sun-drenched living room with a cozy wood-burning fireplace, a welcoming dining area perfect for entertaining, and a kitchen that shines with newly painted cabinetry, granite countertops, and updated appliances including a double oven gas range. Three comfortable bedrooms and two bathrooms complete the upper level. On the lower level, enjoy incredible flexibility with a large rec room, fourth bedroom, full bathroom, and a spacious work or storage area ideal for guests, hobbies, or working from home.
Outside, enjoy a large, flat backyard that is fully fenced and well suited for outdoor enjoyment, gardening, recreation, or entertaining. A brick patio offers space to relax, while the lush green lawn and a charming storage shed add both beauty and function. It is the kind of outdoor space that invites summer evenings, weekend gatherings, and everyday enjoyment.
Conveniently located near local parks, shopping, commuter routes, and community amenities, this move-in-ready home is an exceptional opportunity to own a thoughtfully updated property in one of Alexandria's most accessible and welcoming neighborhoods.
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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 Lincolnia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017