539 SPRINGVALE RD
About This Property
Inside you are greeted by classic charm with gleaming hardwood floors, molding and trim, built-ins and 9'+ ceilings. The main level includes a formal dining room, sitting room, and a grand 2-story family room with ample sunlight, a beamed ceiling, and cozy brick mantel fireplace. The eat-in chef's kitchen features a center island, perfect for gatherings, and top of the line appliances. Double access from the kitchen to the covered decks with ceiling fans and views of the backyard oasis. The main level also offers a private primary bedroom and its spa-like en-suite bath. Delight in the sunlit 2-story bath with a vaulted ceiling, a double sided gas fireplace and centerpiece soaking tub. His-and-hers walk-in closets are custom built with shelving and drawers. Charming spiral stairs take you up to a loft area with a cedar closet and additional storage space. Plenty of room to customize this space to fit your needs - make this your home office, a yoga room, or a private space for respite. Three generous bedrooms upstairs all include en-suite baths and inviting dormer windows. The upper level landing has gorgeous built-ins and offers optional space for a home office or library. Tailor the second loft area as a 6th bedroom or a bonus playroom! The walk-out lower level is completed with a wet-bar which houses a wine fridge, and is perfect for family movie or game nights. A full bedroom and bath are perfect to use as an in-law suite or for overnight guests.
Enjoy a spacious three-car garage and plenty of available parking in the driveway which is accessible by Down Patrick Lane. Located in the desirable Langley High School pyramid and minutes to Tysons Corner, I-495 and the GW Parkway, this is true lifestyle property in the heart of Great Falls. Welcome home!
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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