6322 STILL SPRING PL
About This Property
The charming front porch leads to a welcoming entry. Once inside, your eyes will go immediately to the 10 Ft. ceilings and appealing upgraded hardwood floors. Formal Dining Room, gracious Living Room, sophisticated Home Office/Den (or however you choose to use this main level Bonus Room; 1 of 3 finished Bonus Rooms) large eat-in kitchen, Family Room and half bath. The kitchen is a chef's delight featuring double ovens, 5-burner gas cook-top, double ovens, doors to both the backyard patio and the garage (handy for bringing in groceries). Granite countertops, abundant cherry cabinetry, pantry and built-in desk workspace deliver style and good function. Ability to access both backyard patio and roomy garage from the kitchen make bringing in the groceries and BBQ-ING a breeze. Gather in the cozy eat-in area of the kitchen or keep tabs on kitchen goings-on from the adjacent family room where the gas fireplace #1 will cause you to want to linger. Doors from Family Room to a tucked-away deck offer a perfect spot for secluded outdoor relaxation.
Upper Level has 9 Ft. ceilings and a true retreat of a primary suite; this sanctuary of bedroom/sitting room has tray ceiling, generous sitting area and gas fireplace#2. Be sure to check out the two customized closets;one is a roomy walk-in. The light/bright primary bath has both jetted tub and a stall shower plus double sinks. Laundry Room with utility sink is on the Bedroom Level as are three additional bedrooms, all with fitted closets and one with en-suite Full Bath#3 plus walk-in closet and another with access to a balcony. Everybody is a winner when these Bedroom assignments are made.
The fully finished lower level is a dream set-up for entertainers or those working-from-home and also just right when hosting guests. A spacious bar area, equipped as an up-scale Kitchenette, has microwave, sink, beverage fridge, dishwasher and plenty of quality cherry cabinets that add convenience and flair to the large recreation room. Full Bath #4 and two (2) finished "Bonus Rooms" that can be office, hobby room, exercise room, home theater etc. You are free to use them however you choose. The spacious Utility/Storage Room has a water softener system installed and there are walk-up steps to the backyard patio.
This residence provides an enviable lifestyle. The lawn irrigation system keeps the yard and landscaping looking lush year-round. The community's HOA amenities include an outdoor pool, fitness center, pickle ball courts, jogging and bike paths, tot-lots and more; the sprawling Snyder Fitness Community Center is a quick one block stroll to the South. Modest $123.00 per month HOA charge. Easy access to #395; the Beltway, Metro (Van Dorn Station is 1.4 miles away per Google maps), Bus, VRE, slug line, Old Town Alexandria and all points North, South, East and West.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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About Franconia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017