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6528 CAVALIER DRIVE
About This Property
Major systems have already been addressed: new roof (2022), new HVAC and gas furnace (2023), and new tankless water heater (2022) - leaving the rest of the home and yard as a blank slate for renovation, inside and out.
The fully fenced rear yard includes a brick paver patio, a wood deck reinforced for a hot tub with pergola and built-in BBQ, a stone water fountain with pump, and multiple storage sheds. Natural gas heat and hot water, public water/sewer, and no HOA.
Priced below the 2026 tax assessment of $683,570 and well below area comps - an excellent opportunity for investors or HGTV-minded buyers to build sweat equity in a great location. Photos have been digitally edited to remove excess clutter, boxes, furniture, and other personal property so you can visualize the potential of the space itself. Zoned for Belle View ES, Sandburg MS, and West Potomac HS.
Bucknell Manor is just blocks from Belle View Shopping Center (Safeway, CVS, casual dining) and a short drive from Old Town Alexandria's boutiques, restaurants, and King Street entertainment district. Nearby recreation includes White Oak Park, Fort Hunt Park, Westgrove Dog Park, the Mount Vernon Recreation Center, and the Mount Vernon Trail along the Potomac, with Belle Haven Marina and Belle Haven Country Club (golf, tennis, swimming) minutes away. Commuters have easy access to the Pentagon, Fort Belvoir, and the National Landing/Amazon HQ2 corridor via the GW Parkway, Richmond Highway, and I-495/I-95. Huntington Metro Station (Yellow Line) and Alexandria Union Station (VRE/Amtrak) provide regional rail access, with Reagan National Airport about 20 minutes away.
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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%.
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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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About Belle Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017