6632 PELHAMS TRACE
About This Property
Step inside to a bright and open floor plan filled with natural light. The welcoming foyer is flanked by a formal living room and elegant dining room, creating the perfect setting for gatherings and entertaining. A private main-level office with dramatic floor-to-ceiling windows provides an ideal space for working from home.
The spacious kitchen features abundant cabinetry, generous counter space, and a highly functional layout perfect for both everyday living and entertaining. Just off the kitchen, the inviting family room offers a warm and comfortable atmosphere with a large wood-burning fireplace, making it the perfect place to relax or gather with family and friends.
Upstairs, you'll find five well-appointed bedrooms with excellent closet space. The luxurious primary suite serves as a private retreat, complete with a separate sitting area and a spa-inspired ensuite bath featuring a double vanity, soaking tub, and separate shower.
The finished lower level provides exceptional flexibility with additional living space ideal for a recreation room, home gym, guest suite, or media room.
Step outside to your own private outdoor oasis, featuring a gorgeous hardscape patio, gorgeous pergola and tranquil koi pond-perfect for morning coffee or evening entertaining. The large, private backyard offers plenty of space for play, relaxation, and outdoor gatherings.
Ideally located just one block from the neighborhood pool and clubhouse, where community events and gatherings bring neighbors together, this home also enjoys close proximity to top-rated schools, parks, walking and biking trails, shopping, dining, and major commuter routes. Don't miss this rare opportunity to own a stunning home in one of Centreville's most desirable neighborhoods.
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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.
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About Fairfax
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017