81
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5520 SOUTHAMPTON DRIVE
About This Property
The home features four generously sized bedrooms, three full bathrooms, and one half bath, providing a comfortable and functional layout for everyday living and entertaining. Ample parking adds to the home's convenience.
Nestled among Kings Park's mature trees and quiet, pedestrian-friendly streets, this property offers the perfect blend of suburban charm and accessibility. Residents enjoy highly rated local schools, an active civic association, and beloved neighborhood traditions, including the annual Fourth of July celebration.
Outdoor enthusiasts will appreciate the close proximity to Lake Accotink Park, offering scenic trails, boating, and year-round recreation. Daily errands are easy with the nearby Kings Park Shopping Center, featuring grocery stores, dining, and essential services within walking distance.
Commuters will benefit from convenient access to major transportation routes, including I-395, nearby bus service, and the Rolling Road VRE station, providing an easy connection to Washington, D.C., and surrounding areas.
This is a rare opportunity to own a tastefully updated home on a spacious corner lot in one of Springfield's most established and welcoming neighborhoods.
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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