26
Map
650 WALKER ROAD
About This Property
Discover the perfect canvas for your real estate vision. This exceptional 0.5-acre property seamlessly blends immediate utility with outstanding long-term development potential in one of Northern Virginia's most exclusive enclaves.
Whether you are looking to build a custom luxury estate, secure a turnkey rental asset, or simply live in a beautifully updated residence while navigating the permitting process, this property offers unmatched flexibility.
The Existing Residence
• Charming Cape Cod: A structurally sound, 3-level brick home originally constructed in
1950 and meticulously maintained.
• Turnkey Living Space: Features 3 bedrooms and 1 full bath across 1,296 finished square
feet.
• Premium Interior Updates: Modernized kitchen and bathroom featuring brand-new
appliances.
• Bonus Spaces: Relax in the scenic 3-season porch or utilize the unfinished basement for
extensive storage or workshop needs.
The Land & Development Potential
• Prime 0.5-Acre Lot: A level, usable parcel fenced on three sides and ready for custom
engineering.
• Infrastructure Ready: Skip the heavy lifting with an existing septic system and active
public water connection already servicing the site.
• Enhanced Access: The seller has secured an additional 2,000 sq ft easement for
ingress/egress, maximizing your architectural footprint and entry options.
• Streamlined Building Phase: Generate passive rental income or comfortably occupy the
property while your building permits are finalized
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Listed by Tranzon Key | $599,000 | |
| Listed by Tranzon Key | |||
| Dec 30, 2008 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Great Falls
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,700 /mo
- 4 Beds
- 2 Baths
- 2,180 ft²
$6,500 /mo
- 4 Beds
- 3 Baths
- 4,159 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017