5407 MOULTRIE RD
About This Property
Make all your dreams come true and customize your home. Sitting on nearly half an acre of land, this split level home is ready for the perfect investor or your plans to renovate. Just one block away from Ravensworth Elementary School and Lake Accotink Trail. Minutes to Giant Food, Safeway, Springfield Town Center, Ravensworth Shopping Center, Audrey Moore Rec Center, Wakefield Recreation Park, Lake Accotink Park, and Hidden Pond Nature Center. Quick access to Franconia-Springfield Metro Station, I-495, I-95, Braddock Road, Little River Turnpike, Fairfax County Parkway, Ox Road, Old Keene Mill Road, and Franconia-Springfield Parkway. LISTING IS BEING SOLD AS IS. Come check it out today and start planning for the future!
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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 17, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2023 | In contract | - | |
| In contract | |||
| Dec 18, 2023 | Listed by KW Metro Center | $590,000 | |
| Listed by KW Metro Center | |||
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About North Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017