41947 SPRING AIR DR
About This Property
Conveniently located just minutes from Brambleton Town Center, as well as various shops, restaurants, parks, and more, this home offers easy access to major highways and public transportation. Plus, it's within close proximity to Madison's Trust Elementary School, Brambleton Middle School and Independence High School, all less than a mile away. All are walking distance and transportation is provided, as well. The school pick-up is at the corner of Blair Woods Drive and Glenwood Heights Circle.
HOA fees cover a plethora of amenities including high-speed internet, pools, tot lots, ball fields, tennis and volleyball courts, walking paths, picnic areas, and a community center.
Step inside to discover a bright and inviting open main level living space. The kitchen is a standout feature with its oversized quartz island, extended tile backsplash, under cabinet lighting, and farmhouse-style design-a dream for any chef. Enjoy gatherings in the spacious dining area and living room, which boasts extra windows and recessed lighting. The adjacent deck provides a perfect spot for grilling.
Additionally, the main level includes a versatile home office that can double as a bedroom if needed. Upstairs, you'll find an impressive family room loft space and generously sized, sunlit bedrooms. The owner has thoughtfully added extra windows for enhanced natural light, and all closets feature custom organizers.
The primary suite is a luxurious retreat, complete with a coffered ceiling, two walk-in closets, and an upgraded ensuite bathroom featuring floor-to-ceiling tile, a glass-enclosed shower, and dual vanities with additional custom cabinetry.
The lower level is beautifully finished and offers versatile space for entertaining, media, gaming, or accommodating guests. With full egress windows, there's potential to convert the area into an extra bedroom if desired.
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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.
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 Brambleton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017