6836 RADCLIFFE DR
About This Property
Two bedrooms adorn the upper levels with a large full bathroom located in the center hallway. The primary bedroom, with extra storage space, encompasses the entire fourth floor and has a full ensuite bathroom. Both bedroom levels boast beautiful wood floors.
The walkout basement with a full bathroom and laundry area is the perfect place for a home office, a movie room, or a craft room. This home has been well cared for with new main level flooring in 2020, hot water heater in 2023, a washer, a dryer, range, and refrigerator all new in 2020. A 50-year roof was put on in 2014 and the electric panel has been replaced. Huntington Metro Rail is just over a mile away. Capital Beltway is 1.5 miles and GW Parkway is just 1 mile. Minutes from Historic Old Town Alexandria, National Harbor, and Amazon HQ2.
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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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
| Oct 15, 2023 | Relisted | $524,900 | |
| Relisted | |||
| Oct 15, 2023 | Price Decreased |
$514,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Oct 10, 2023 | In contract | - | |
| In contract | |||
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About Groveton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017