585 CAISSON ROAD
About This Property
and Comfort all-in-one! Minutes from DOWNTOWN FREDERICKSBURG, this UNIQUE
HOME is close to COLONIAL BEACH located on 2 ACRES!! Charming yet spacious,
the interior has been NEWLY RENOVATED with plenty of potential to MAXIMIZE
VALUE! Showcasing Oversized Custom Crown Molding, Hardwood Flooring,
Decorative Tile in Bath and Kitchen, Quartz countertops in Kitchen, Updated
Fixtures Throughout and an Unfinished basement for storage. All major systems
installed in 2022 to include New Heat Pump, Water Filtration System, Artesian Well
and Septic (Perc for 3 bedrooms), Water Softer/Filtration System and New 50-gallon
Water Tank! Just enough land but not too much to maintain! Perfect for MULTI-
GENERATIONAL GROWTH, and for Investors seeking RESIDUAL INCOME now or
later.
CONVENIENT & COZY LIVING NOW! MAXIMIZE this property's POTENTIAL VALUE!!!!!
Close to the VRE, centrally located between DC and Richmond, close to King George
and Spotsylvania County. Close to major highways yet secluded with nearby
amenities galore. This home has it all! Where would you like to go for shopping,
entertainment, leisure, work...?
BUT WAIT THERE'S MORE! You can add a 3rd bedroom and 2nd bath to this home if
desired. . . or perhaps a QUAINT GUEST HOUSE! You can also ADD a 2nd HOME in
addition to this one on the same parcel with NO RESTRICTIONS other than normal
setbacks (already approved by the county). No congestion, and plenty of off-street
parking for your cars, trucks, or commercial vehicles even. Sentrilock and Combo
on Site - Showings are APPT ONLY with a LICENSED REALTOR or Real Estate Agent!
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017