5658 CLOUDS MILL DR
About This Property
The main floor also includes a large family room with a charming fireplace, located at the front of the house. it is plumbed for a wet bar. Additionally, there's a dedicated office space with abundant natural light, ideal for working from home or studying.
Upstairs, the owner's suite is a luxurious retreat featuring a large walk-in closet, a gas fireplace rough in, a sitting area, and an ensuite bathroom with a soaking tub, separate shower, and dual vanities. A gas line is run to this room to add a fireplace. The other bedrooms on this level are generously sized. One bedroom has its own ensuite bathroom, while the other two share a Jack and Jill bathroom with dual vanities.
The next level is framed and ready for finishing, offering potential for a fifth bedroom, a family room, and an additional bathroom-perfect for a teen or au pair suite. The home features two staircases and crown molding throughout most of the main floor, adding a touch of elegance.
The unfinished basement provides ample room for future expansion. It also has a rough in for a bathroom. The garage has been modified to accommodate larger vehicles, which is a rare find.
Situated at the end of a cul-de-sac-like pipestem, this home backs onto a wooded area, offering privacy and tranquility. Its location is incredibly convenient, close to major commuter routes, three metro stops, Old Town Alexandria, and Kingstowne. This home combines luxury, space, and convenience in a prime location.
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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