4515 FOREST HILL DRIVE
About This Property
Absolutely stunning, renovated brick Colonial on a private, flat 1-acre lot-walkable to Wegmans, multiple parks, and Fairfax Corner-located in the highly sought-after Woodson High School district!
This beautifully updated home offers exceptional space, functionality, and privacy in a prime Fairfax location. The main level features newly refinished hardwood floors, a sun-filled living room with crown molding, and an updated kitchen with granite countertops, stainless steel appliances, breakfast bar seating, abundant cabinetry including pantry cabinets, and a spacious breakfast room.
The kitchen opens to an expansive family room addition with vaulted ceilings, custom trim, and a gas fireplace-perfect for everyday living and entertaining. Step outside to a low-maintenance Trex deck overlooking the large, fully fenced backyard complete with a basketball court! The main level also includes a formal dining room with decorative columns, a flexible main-level office or den space, and a rare main-level bedroom with an en-suite full bath-great for guests or multigenerational living.
Upstairs, the impressive primary suite offers tray ceilings, dual walk-in closets, and a luxurious spa-style bath with soaking tub, separate shower, dual vanities, private water closet, and imported tile. The upper level continues to three additional generously sized bedrooms, including one with en-suite bath. The additional two bedrooms are served by the 3rd full bath on this level. The convenient, spacious upper-level laundry room completes this floor!
The finished lower level provides additional living space with a large family room, a spacious game or recreation room perfect for entertaining large groups, full bath, ample storage, and direct access to the oversized garage. The recently re-asphalted driveway accommodates six or more vehicles, offering plenty of parking for guests.
An exceptional opportunity to own a spacious, move-in-ready home on a private acre in one of Fairfax's most convenient locations.
The lot goes quite a bit past the shed, approximately another 1/4 acre is located behind where the shed is on the lot! No HOA!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017