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5129 LINETTE LANE
About This Property
Exceptional school pyramid Canterbury Woods ES and level 4 AP center, Frost MS, and Woodson HS. Surrounded by nature and minutes to many parks including Long Branch Park and Trail and connect with the CC Trail! Join one of the several local community pools for summer fun! Close by Wakefield Park for the local Farmers market, outdoor activities, sports fields, skate park, and indoor swimming. Easy shopping and wonderful dining options so close by-Kings Park Shopping Center, Mosaic District, and historic Fairfax City!
Commuting ease with access to Metro Bus and Rail (Bus 17K) Fairfax Connector Bus 495), VRE, Braddock Rd. I-495/Express Lanes. All the convenience of 1-level rambler living is waiting for you, so come and put your personal touch on this quality home in a spectacular location and neighborhood!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2024 | Sold | ||
| Sold | |||
| Nov 26, 2023 | In contract | - | |
| In contract | |||
| Nov 15, 2023 | Listed by RE/MAX Realty Group | $674,950 | |
| Listed by RE/MAX Realty Group | |||
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About West Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017