492 RIVER BEND RD
About This Property
The upper level hosts 4 bedrooms plus a renovated primary suite, which is a haven of luxury boasting his and her walk-in closets, a cozy sitting area with a skylight, and an en-suite bathroom featuring a lavish jacuzzi tub, dual separate vanities, and a spacious stand-in shower. Additionally, six out of the eight bathrooms in the home have been renovated.
Entertainment awaits in the newly renovated basement with a sleek 14-foot bar, games area, and home gym. This level also includes a guest suite with a full en-suite bathroom. The basement opens to a patio area with a fire pit, leading to newly expanded and landscaped lawns-over 50 oak trees were removed to enhance the open feel. New landscape lighting, a sprinkler system, a new fence, and landscaping at the Hidden Spring Entrance have been installed. The property's well water treatment system has been replaced, and all outdoor pavers and the deck have been power-washed and re-stained. In the garage, new shelving has been installed for additional storage. Dominion buried power lines ensure uninterrupted power, making a generator unnecessary.
This home's prime location in Great Falls, bordering McLean, affords unparalleled convenience to the vibrant heart of downtown McLean, the essential 495, Dulles Access Road, the bustling Tysons, and the Silver Line Metro, inviting relaxation amid Virginia's natural beauty.
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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