5911 SPRINGFIELD DR
About This Property
The main floor boasts an inviting layout, featuring well-designed spaces that are sure to impress. Bathed in natural light, the living area offers a warm and welcoming atmosphere, perfect for intimate gatherings around the wood-burning fireplace. The contemporary European kitchen boasts custom Xtone porcelain counters, dual-tone cabinetry, new Miele and Jenn Air appliances, a large island with waterfall detailing, and a cozy eat-in breakfast nook. Finally, the sunlit dining room offers custom built-ins and a charming bay window overlooking the flat and open backyard.
On the top floor, discover four spacious bedrooms and three full baths. The primary suite is a retreat, with abundant natural light from the large windows facing the delightful backyard. Its spa-like en-suite bath features a glass-enclosed shower and beautiful Porcelanosa tile work. Additionally, two well-appointed bedrooms share a beautifully designed hall bath, while a third, larger room has its own en-suite bath.
The walk-out lower level offers the perfect play space, with a large, open basement. The beautiful, newly renovated, and landscaped yard, is perfect for outdoor gatherings, kids' sports, or simply enjoying a quiet evening.
This home has been meticulously remodeled and maintained, featuring new Pella windows and a new hot water heater, among many other upgrades. Conveniently situated in the sought-after Springfield neighborhood, this residence provides easy access to local amenities, schools, and parks. Embrace the lifestyle of modern elegance and classic charm in this renovated colonial home!
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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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About Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017