651 ERIC CT
About This Property
This home features a spectacularly remodeled eat-in kitchen, complete with floor-to-ceiling cabinets, a center island for ample storage, a farmhouse sink, recessed lighting, an atrium window, a charming breakfast nook, under-cabinet lighting, butcher block countertops, stainless steel appliances, and a separate coffee bar with a wine rack. Step through French doors onto the expansive deck overlooking the fenced-in, level backyard with a large shed, zip line, and swing set, all backing onto a serene common area for ultimate privacy.
The separate dining room features two delightful built-in corner hutches and an exquisite designer chandelier. The family room exudes warmth with its brick fireplace and wood mantle. Quality craftsmanship shines throughout the home, showcasing solid hardwood flooring, custom tile, designer light fixtures, shiplap-accented walls, and solid core beadboard doors.
The primary bedroom offers a spacious closet with custom fittings and an en-suite bath with a shower. Three additional upstairs bedrooms feature ceiling fans and share a beautifully remodeled hall bath.
The lower level provides abundant versatile living space across 3 distinct areas highlighted by a cozy fireplace, and ample storage. With a "kitchenette" and full bathroom, the lower level is ideal for an in-law suite or au pair.
Completing this exceptional property is a two-car attached garage with pull-down stairs to additional storage space. NEW ROOF, SIDING AND GARAGE DOORS IN 2023! Ethernet wired throughout. Enjoy the convenience of this prime location, just minutes from the Herndon Metro station, major commuter routes, and downtown Herndon. Welcome to your new home!
Schools: Herndon Elementary, Herndon Middle & Herndon High
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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