Discover an exceptional investment opportunity in the desirable
Westridge community! This charming Colonial-style home, built in
1988, boasts 2,192 sq. ft. of versatile living space, perfect for
creating your dream residence. With 4 spacious bedrooms and 2.5
bathrooms, this property is designed for comfort and functionality.
Step inside to find a welcoming family room that flows seamlessly
into a country-style kitchen, complete with a dining area and ample
table space. The kitchen is equipped with modern appliances,
including a gas oven/range, built-in microwave, and dishwasher,
ensuring convenience for any culinary enthusiast. The inviting
ambiance is enhanced by wood floors and a cozy fireplace, perfect
for creating memorable moments. The unfinished walkout basement
offers endless possibilities for expansion, whether you envision
additional living space or a rental suite. Outside, the 0.24-acre
lot features lush landscaping and backs to serene trees, providing
a tranquil escape. Enjoy community amenities such as a pool,
basketball courts, and walking trails, enhancing the appeal for
potential tenants. With an attached 2-car garage and off-street
parking, this property is not only functional but also
strategically located in a cul-de-sac, ensuring privacy and safety.
The scenic views of the garden and woods add to the charm, making
this home a standout choice for investors seeking long-term returns
in a thriving neighborhood. Don't miss out on this remarkable
opportunity!
This property is being offered as a short sale. Third party
approval is required. The roof was replaced less than 10 years ago.
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.
HOA/Condo/Coop Amenities: Basketball Court, Party Room, Security, Tennis Court(s), Playground, Maintenance Grounds, Bike Trail, Community Center, Jog/Walk Path, Pool - Outdoor, Water/Lake Privileges
HOA Fee: $292
HOA Fee Frequency: Quarterly
Building Info
Overview
General
Year Built:
1988
Effective Year Built:
1988
Total Rooms:
9
Bedroom Count:
4
Bathroom Count:
3
Full Bathrooms:
2
Partial Bathrooms:
3
Building Condition:
6
Building Quality:
0
Construction Type:
0
Building Style:
0
Exterior Walls Type:
2
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
0
Floor Count:
200
Floor Cover:
0
Basement Type:
9
Basement Area:
1,008
Garage Type:
7
Garage Square Area:
598
Parking Space Count:
2
Patio Type:
0
Porch Type:
0
Pool Type:
0
Dimensions
Lot Size Square Feet:
10,524
Total Building Area:
2,192
Building Area:
2,192
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
13
Heating:
4
Heated Square Feet:
2,192
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
SEC 5
Land Acres:
0000000242
Standard Land Use Code:
1001
County Land Use Code:
11
Legal Description 1:
WESTRIDGE SEC 5 L 74
Neighborhood
School District Name:
Prince William County Public Schools
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