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5504 INVERCHAPEL ROAD
About This Property
The lower level features laminate flooring throughout the dance floor sized rec/family room. The built in bar allows endless possibilities for entertaining in this inviting space.. To the left of the stairs is a full bathroom with shower, the utility/storage room, a 4th bedroom and the laundry closet with washer and dryer. This level provides sliding doors leading to a cement patio. Although there is ample street parking in the community, the home provides paved off street parking for several vehicles
Conveniently located with close access to the beltway, Braddock rd. Springfield, Annandale, local restaurants, shops. You are 2 miles to NVCC and 5 miles to George Mason University. Old Town Alexandria is but 10-15 minutes away with all of its restaurants, historical significance and the waterfront along the Potomac River.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017