488 MARSHALL DRIVE NE
About This Property
The inviting stone and HardiePlank exterior, paired with a welcoming covered front porch, offers exceptional curb appeal. Inside, rich hardwood floors flow throughout the main level, which features a spacious family room with a dramatic floor-to-ceiling stone gas fireplace, a private office with plantation shutters, and a formal dining room with direct access to the deck-ideal for indoor-outdoor entertaining. The updated gourmet kitchen is a chef's dream with white cabinetry, quartz countertops, a gas cooktop, white subway tile backsplash, newer stainless steel appliances, and a generous walk-in pantry.
Upstairs, the luxurious primary suite includes a sitting area, private covered balcony, and a spa-inspired en-suite bath with dual vanities, a jetted soaking tub, walk-in glass shower, dressing table nook, and a spacious walk-in closet. Two additional bedrooms share a Jack-and-Jill bath, while a fourth bedroom offers flexibility for guests or a second home office.
The fully finished walk-up basement provides exceptional versatility with a large recreation room, a den or fifth bedroom, a full bathroom, and ample unfinished storage space.
Recent upgrades include a new roof (2023), hot water heater (2021), updated LED recessed lighting, new carpet throughout, fresh interior paint, new hardware and fixtures.
The garage is wired for an EV charger and a whole-house generator is also included as-is.
Outside, enjoy the beautifully landscaped, fully fenced backyard with stone hardscaping and a spacious patio-perfect for outdoor dining, relaxing, or entertaining.
This turnkey home offers luxurious living just minutes from Leesburg's vibrant historic district with its charming shops, restaurants, farmers markets, and scenic parks.
✨ Don't miss this rare opportunity to own an exceptional home in one of Leesburg's most desirable 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017