5347 HOLMES RUN PKWY
About This Property
The fully finished basement doubles your living area, offering endless options to make the space your own. Create a family room, media room, game room, home office, or home gym. The fourth legal bedroom, with an attached full bath, makes the lower-level bedroom the perfect guest, nanny, or in-law suite. New LVP flooring in the rec room and bedroom and fresh paint enhance the lower level. Desirable storage is found in the utility room and also the walk-in closet under the stairs. A separate laundry room with a utility sink completes the lower level.
This impeccable property includes a brand new HVAC system with a 10-year warranty on parts and a 2-year warranty on labor. A gas hot water heater was installed in 2023. The fully fenced backyard adds privacy and security.
This modern transformation makes this property truly turn-key for you. Enjoy peaceful park views on the Holmes Run Trail, perfect for cycling, jogging, walking, and nature enthusiasts. The tot-lot just down the street is perfect for families. Your new neighborhood is on the edge of the new Landmark Mall site redevelopment into a mixed-use residential/office and INOVA medical campus - a great investment! Walk to Charles E. Beatley Library, Harris Teeter, shops and restaurants at the Shoppes at Foxchase, and the local elementary school. Located right off 395, commuters will reach the Pentagon, Amazon HQ2, downtown DC, and Reagan Airport within minutes. Your nightlife awaits you just minutes away in Shirlington, Pentagon City, and Old Town.
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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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Price Decreased |
$785,000
↓ $14K
(1.8%) | |
| Price Decreased | |||
| Jun 21, 2024 | Price Decreased |
$799,000
↓ $11K
(1.4%) | |
| Price Decreased | |||
| Jun 6, 2024 | Price Decreased |
$810,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
Property Highlights
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About Seminary Hill
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$3,875 /mo
- 2 Beds
- 2 Baths
- 922 ft²
$4,500 /mo
- 3 Beds
- 3 Baths
- 2,296 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017