4
Map
5618 OLD MILL ROAD
About This Property
Adjacent home also listed simultaneously - separately priced at $650,000
This is a newly subdivided lot. All information available to listing agent is included in listing.
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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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by RE/MAX Gateway | $360,000 | |
| Listed by RE/MAX Gateway | |||
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Great opportunity to buy and build on a newly subdivided lot in Mt. Vernon. Great location close to Mt. Vernon, Ft. Belvoir, shopping, hospital. Minutes to GW Parkway, Fairfax County Parkway, Beltway, I-95. Fifteen minutes to Old Town Alexandria or Springfield.
Adjacent home also listed simultaneously - separately priced at $650,000
This is a newly subdivided lot. All information available to listing agent is included in listing.
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Property Highlights
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About Mount Vernon
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$3,900 /mo
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$2,050 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017