5842 RIVERSIDE DRIVE
About This Property
The eat-in kitchen features granite countertops, refrigerator with ice-maker, a built-in microwave, gas stove/oven, dishwasher, disposal (2026), backsplash, recessed lighting, and ample cabinet space. The kitchen flows seamlessly into the dining room and additional living space included in the rear addition, creating an ideal layout for everyday living and entertaining. Hardwood floors, vaulted ceilings, and abundant natural light throughout the main level create an open and airy feel. Step outside to the newly remodeled deck featuring a privacy lattice, overlooking the beautifully landscaped backyard.
The fully finished lower level offers even more flexible living space with two additional bedrooms, including one with a walk-in closet, a full bathroom, recreation room, large storage closet, and a second family room with a cozy fireplace. A bonus room provides the perfect setup for a home gym, office, or guest room. The laundry/utility room includes built-in cabinets and a storage bench for added convenience. Walk out directly to the stone patio and enjoy the fully fenced backyard oasis complete with mature landscaping, a tranquil pond with wooden bridge walkway, and a 10x10 storage shed.
Additional updates include fresh paint throughout the entire home, brand-new carpet, and newly refinished hardwood floors.
Located in the heart of Dale City, this home provides convenient access to shopping, dining, commuter routes, parks, and nearby schools. This spacious and well-maintained home offers the perfect blend of comfort, functionality, and outdoor enjoyment in a prime Woodbridge location!
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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%.
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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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About Ridgedale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017