4800 OLD DOMINION DRIVE
About This Property
Inside, rich details and inviting spaces unfold. Over $400K in extensive, high-quality renovations elevate nearly every aspect of the home while carefully preserving its original craftsmanship. The fully renovated kitchen serves as a stunning focal point, featuring an oversized island, updated cabinetry, premium appliances, refined finishes, and a double-sided fireplace that connects seamlessly to the living room. The dining room is highlighted by a gorgeous chandelier, bay window, and charming fireplace, making it the perfect space to gather with family and friends. Venture into the bonus room, which showcases soaring ceilings and direct access to the backyard, ideal as a lounge or flexible space to fit your lifestyle.
The main-level primary suite offers comfort and ease, complete with a newly renovated bathroom featuring a double sink vanity, walk-in shower, and tub. The suite also includes a walk-in closet, cozy fireplace, and private access to the deck-a peaceful retreat overlooking the backyard. A second bedroom or office and powder room complete the main level. Upstairs, three spacious bedrooms and three fully renovated bathrooms provide ample space for family and guests, including one bedroom with its own ensuite bath that could easily serve as a second primary suite.
The walk-out lower level features a recreation room, full bathroom, additional kitchen, and a dedicated half bathroom near the pool for easy accessibility. The lower level also offers plentiful storage, including an additional storage room off the exterior of the home.
Ideally located close to DC, this home offers an exceptional combination of privacy, convenience, and prestige. Enjoy close proximity to top-rated schools, parks, boutique shops, and popular restaurants, all while tucked within one of Arlington's most sought-after neighborhoods. A rare opportunity like this doesn't come along often-this is your chance to make your dream home a reality.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017