5631 EASTBOURNE DRIVE
About This Property
The gourmet kitchen is a chef's dream, featuring quartz countertops, stainless steel appliances and plenty of storage. The island is composed of a solid dark wood butcher block providing a wonderful accent to the space. There is also a charming breakfast nook with a view of the backyard. No expense was spared when crafting the perfect design to utilize every space.
The luxurious primary suite offers a peaceful retreat with an ensuite bathroom. Three additional bedrooms and two more full baths provide ample space for family and guests. The lower level is fully finished with a full bathroom, office space or game room and a walk out basement to your amazing backyard.
Walk down the magical pathway to the beautifully curated backyard oasis. The private yard includes raised beds for gardening, four apple trees, two cherry trees and two peach trees as well as a beekeeping area ready for your own hive. The backyard offers direct access to the path around Accotink park providing privacy and easy access to running and biking trails. You will not find another lot like this in all of Springfield, Virginia.
The neighborhood civic association and particularly Eastbourne drive members host annual holiday parties that engage all of the Kings Park residents. This home is located within top-rated schools, shopping, dining, and recreational facilities. With its blend of classic charm and modern conveniences, this property is a true gem. Don't miss the opportunity to call this exceptional house your home!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017