645 JEFFERSON STREET
About This Property
Just blocks from Herndon's vibrant downtown scene, you'll enjoy easy access to beloved local favorites like the Herndon Library, Dairy Queen, Great Harvest Bread, restaurants, shops, a weekly farmers market, and cherished community traditions including Friday Night Live summer concerts, Tuesday concerts at the Old Town Hall, Wintermarkt, and more. Outdoor enthusiasts will appreciate proximity to the W&OD Trail, nearby parks, and miles of scenic pathways, while commuters benefit from quick access to the Metro Silver Line, Dulles Airport, and Reston Town Center. With Town of Herndon services such as trash and recycling pickup, snow and leaf removal, and dedicated community police and public works, everyday living feels effortless. This is more than a home-it's a walkable, connected lifestyle in one of Northern Virginia's most beloved small towns. Welcome to Downtown Herndon. Welcome 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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017