6420 JULIAN ST
About This Property
The fully upgraded kitchen features quartz countertops and stainless steel appliances. The primary bedroom has a brand new ensuite bathroom, while the other two bedrooms on the same level share a beautifully renovated full bathroom. The fourth bedroom is on the lower level, next to a brand new full bathroom which is ideal for guests. The lower level with the open recreation room has a walkout to the backyard, allowing easy interplay between indoors and outdoors fun. The attached garage and spacious laundry room are bonus features of this wonderfully comfortable home.
Close to shops and restaurants at or near Springfield Plaza. Just a mile from the intersection of I-495, I-395, and I-95, the location of the home is perfect for commuters going West to Tysons Corner, North to Washington, DC, and South to Fredericksburg. Come see for yourself at one of the two open houses to be held this weekend.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017