6725 PASSAGEWAY PLACE
About This Property
The home boasts a traditional floor plan, providing a seamless flow between living spaces. The living room features a cozy wood-burning fireplace, perfect for creating a warm and inviting atmosphere. Adjacent to the living room, a large deck overlooks a picturesque wooded lot, offering a tranquil retreat for outdoor relaxation and entertainment.
The interior has been thoughtfully updated with brand new light fixtures, fresh paint, and new carpet, enhancing the home's contemporary appeal. Luxury vinyl tile and hardwood floors add a touch of elegance and durability to the living spaces. The fully updated kitchen and bathrooms reflect modern design and functionality, catering to the needs of today's discerning homeowner.
Situated on a quiet cul-de-sac, this property ensures privacy and minimal traffic, making it an ideal setting. The two-car garage provides ample parking and storage space, adding to the convenience of this well-appointed home. With its prime location, updated features, and inviting atmosphere, this home presents a unique opportunity for those seeking a blend of comfort and style in Burke, VA. **Offer deadline is Monday, February 3rd at 3:30 PM.
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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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by Corcoran McEnearney | $835,000 | |
| Listed by Corcoran McEnearney | |||
| | |||
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***Offer Deadline of 3:30 PM on Monday, February 3rd. ** 6725 Passageway Place is located in a desirable neighborhood known for its excellent schools, parks, and community amenities. With its prime location, updated features, and inviting atmosphere, this home presents a unique opportunity for those seeking a blend of comfort and style in Burke, VA. This distinguished property offers four spacious bedrooms and three modern bathrooms, ensuring ample space for comfortable living.
The home boasts a traditional floor plan, providing a seamless flow between living spaces. The living room features a cozy wood-burning fireplace, perfect for creating a warm and inviting atmosphere. Adjacent to the living room, a large deck overlooks a picturesque wooded lot, offering a tranquil retreat for outdoor relaxation and entertainment.
The interior has been thoughtfully updated with brand new light fixtures, fresh paint, and new carpet, enhancing the home's contemporary appeal. Luxury vinyl tile and hardwood floors add a touch of elegance and durability to the living spaces. The fully updated kitchen and bathrooms reflect modern design and functionality, catering to the needs of today's discerning homeowner.
Situated on a quiet cul-de-sac, this property ensures privacy and minimal traffic, making it an ideal setting. The two-car garage provides ample parking and storage space, adding to the convenience of this well-appointed home. With its prime location, updated features, and inviting atmosphere, this home presents a unique opportunity for those seeking a blend of comfort and style in Burke, VA. **Offer deadline is Monday, February 3rd at 3:30 PM.
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About Burke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017