6422 WISE LANE
About This Property
Step inside the gorgeous Chef's Kitchen, featuring stainless steel appliances, a large island, full-slab quartz countertops, a porcelain farm sink, touchless faucet with updated hardware, a porcelain beveled subway tile backsplash, and two pantries for exceptional storage. LVP flooring flows seamlessly throughout the home, complementing the modern aesthetic.
The fully finished basement adds even more versatility with a full bathroom and built-in surround sound-ideal for movie nights, gaming, or hosting guests.
Located in the highly sought-after Hopyard Farm community, you'll enjoy resort-style amenities including a pool, tennis courts, fitness center, clubhouse, walking trails, playgrounds, and even a boat ramp with easy access to the Rappahannock River. This neighborhood truly has it all!
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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