36
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6710 OAK DRIVE
About This Property
The home has been fully updated with all major systems already taken care of, including a new HVAC and water heater (2024), all new electrical wiring and panel, and updated plumbing throughout. Inside, you'll find tongue-and-groove hardwood floors, a renovated kitchen with granite countertops, Samsung stainless steel appliances, and a built-in wine fridge.
The layout offers a great balance of open and functional space for both everyday living and entertaining, while the lot provides flexibility for outdoor use, privacy, or future potential.
Conveniently located near Old Town Alexandria, Fort Belvoir, The Pentagon, Andrews Air Force Base, Ronald Reagan Washington National Airport, and Washington, D.C., with easy access to major commuting routes and the new Mount Vernon Community Center.
If you've been looking for space, updates, and location all in one, this is one to see in person.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017