6181 CHALLEDON CIRCLE
About This Property
The main level showcases hardwood flooring throughout most of the home, with tile in the sun-filled breakfast room. A welcoming open floor plan begins with the living and dining rooms and flows seamlessly into the spacious family room, where a gas fireplace and a wall of windows frame views of the pool and golf course.
The updated kitchen is both stylish and functional, featuring warm wood cabinetry with soft-close drawers, granite countertops, stainless steel appliances, gas cooking, a beautiful backsplash, and an island with seating. The adjacent breakfast room is filled with natural light and opens to the screened rear porch, creating the perfect place to enjoy the peaceful setting.
The primary suite also offers access to the screened porch and features two closets plus an updated en-suite bath with a double-sink vanity, tiled shower, soaking tub, and private water closet. On the opposite side of the home are two additional bedrooms, a full bath, laundry area, and mudroom with garage access.
The finished walk-out lower level adds exceptional flexibility with a large recreation room ideal for billiards, media, hobbies, crafts, or exercise. This level also includes a fourth bedroom, a full bath, and abundant storage space.
Outside, the pool, hot tub, patio, and screened porch create a wonderful setting for relaxing or entertaining. The fenced, level yard backs to the golf course and offers views of open pasture beyond.
Conveniently located near downtown Mount Airy shopping and dining, with easy access to I-70. Some updated include - Primary bath remodel 2025; siding replaced 2023; roof replaced 2021; HVAC replaced 2021; pool liner replaced 2024; poo filter replaced 2023; kitchen appliances 2022-2025; Replacement Anderson windows throughout most of the home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017