5637 FORT CORLORAN DR
About This Property
a home has been lovingly well maintained, features several upgrades & improvements AND Boasts
LOCATION-- in the large, flat cul-de-sac great for playing and gathering! Top- notch
neighborhood street with a strong sense of community.
This beautiful home Welcomes you first on its extended stone front porch & stone sidewalk. Should you
be of the "Back door guests are Best" mindset, an additional sidewalk connects the front driveway to an
Impressive & Spacious Stone Back Patio (great for relaxing or entertaining) AND to the separate &
private open stairwell entrance into the Remodeled Basement-featuring a private & peaceful guest/in-
law bedroom or office, an upgraded FULL bathroom, gorgeous custom-built wet bar, large open finished
space for unlimited options, fireplace, and recessed lighting throughout entire finished basement.
Additionally, an unfinished, yet incredible storage room with built in shelves provide ample storage
space!
Main home level offers just as many ease of living comforts with recessed lighting throughout, 3
comfortable living rooms--including the attached sunroom (new windows, fall 2022) with sliding door
leading to the back patio, central updated kitchen with ample storage & pantry with pull out shelves, a
fantastic 4-door refrigerator & casual dining room area off kitchen. Main level includes a Half (½)
Bathroom & for additional convenience the Washer/Dryer is located in the main level Mudroom which
accesses the Garage.
Upstairs are the 4 main bedrooms of various sizes & 2 full baths. Owner's suite features an updated
bathroom & All upstairs bedrooms feature overhead lighting & ceiling fans and New Windows less than
1 year! Your Dream Home Welcomes You!
Tidbits: Home has a one-car garage with driveway. Further, along the property line in the cul de sac is
shared parking space available for up to 3+ cars. The chimney liner was replaced new in 2015 along with
a chimney rebuild and is in like new condition. New HVAC unit 2017. New Roof 2018. Located
conveniently to Braddock Road, Rolling Road, Lake Braddock Secondary School, Kings Park Library and
shopping center & 1.2 miles to VRE. Schools: Ravensworth ES, Lake Braddock Secondary School. Flexible timing, no rent back needed!
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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