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5624 OLD MILL ROAD
About This Property
This Home is an exceptional value at this price!!
The home served as the Rectory for the neighboring Church and has been meticulously maintained It has been Newly Subdivided from the church property.
Great Location nearly adjacent to Ft. Belvoir, Within a few miles of GW Parkway, Richmond Highway, I-95, Mt. Vernon Old Town Alexandria and Shopping.
Seller prefers MBH Old Town for closing.
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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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by RE/MAX Gateway | $650,000 | |
| Listed by RE/MAX Gateway | |||
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WOW! One of a Kind and Solidly Built All BRICK Home with Spacious Rooms, Solid Hardwood Floors throughout (with exception of Family Room & Office) – Unique Property. Huge Rooms! Roof was replaced 3 Years ago to include all new plywood sheathing.
This Home is an exceptional value at this price!!
The home served as the Rectory for the neighboring Church and has been meticulously maintained It has been Newly Subdivided from the church property.
Great Location nearly adjacent to Ft. Belvoir, Within a few miles of GW Parkway, Richmond Highway, I-95, Mt. Vernon Old Town Alexandria and Shopping.
Seller prefers MBH Old Town for closing.
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About Mount Vernon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017