6520 ATKINS WAY
About This Property
Four bedrooms upstairs plus a fully finished, walk out basement with a den perfect for guests. Enter the two story foyer to the open and airy main level, flanked by the formal living and dining rooms. The gourmet kitchen is sure to please the chef w/ stone counters, upgraded appliances, gorgeous cherry cabinets, as well as tons of prep space and a massive center island. Entertain with pride in the sun-drenched morning room with a soaring cathedral ceiling and access to the maintenance free Trex deck, overlooking a tree lined yard (the lot extends an additional three feet beyond the tree line!)
The kitchen is open to the family room which offers a gas fireplace and access to a quiet room perfect for a home office. Upstairs you'll find four spacious bedrooms with three full bathrooms, including the large primary suite featuring a luxury bathroom and spacious walk in closet space. Plush carpeting in the bedrooms was just replaced (2022)! The lower level offers a spacious recreation room as well as a den perfect for a home theater, personal gym, guest room and more! The options are endless!! Notable upgrades include: HVAC units and water heater replaced in 2023, garage door replaced in 2022, Washer/Dryer replaced in 2022, plush carpeting installed upstairs 2022, Roof replaced in 2018 and the trex/vinyl deck was added in 2016. Located close to schools, shopping, dining, entertainment and commuter routes. Sought after school pyramid consisting of Battlefield HS, Bull Run MS and Mountain View ES. Community amenities include swimming pools, tennis and pickleball courts, clubhouse and golf course.
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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.
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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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About Piedmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017