6516 WINDHAM AVE
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $468,999 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Aug 12, 2021 | No longer available | - | |
| No longer available | |||
| Jun 24, 2021 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $468,999 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| | |||
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Calling all Investors/Developers and Buyers interested in building your custom home on this .61+ acre “ready to build” lot. With limited inventory and builders having waiting lists for buildable lots, here is your opportunity! Imagine your new home built to suit your vision and family’s needs situated in the sought-after location and Windsor Estates community. There are so many opportunities to customize your dream home and build wealth right away! Public water and sewer hook-up, and utilities available, NO HOA, and situated on a state-maintained street. Mature trees are on the property. The new owner can add additional ever-green trees and stack 40ft, 30ft, and 15' trees to add to the landscaping. This location is supreme! Minutes to the Franconia/Springfield Metro and buses. Close to Ft. Belvoir, and less than 10 miles to the Pentagon. Also, conveniently located near great schools, the Kingstowne Library, Inova HealthPlex, restaurants, shopping centers like the Springfield Town Center, Kingstown or shop at Wegmans in the Hilltop Village Center, minutes to Old Town Alexandria, Reagan National Airport, Amazon HQ/Crystal City, MGM, and the National Harbor, and so much more. Commuting options include not only the multiple metro stations and buses nearby but also easy access to I-95, 395 Fairfax County Parkway. There are so much potential and advantages that this lot offers. This property allows you the best convenience, location, and suburban living at its best.
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| Jun 2, 2021 | No longer available | - | |
| No longer available | |||
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About Franconia
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,300 /mo
- 4 Beds
- 4 Baths
- 1,888 ft²
$3,900 /mo
- 3 Beds
- 2 Baths
- 1,220 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017