6843 RADCLIFFE DRIVE
About This Property
and contemporary upgrades. You'll be pleasantly surprised by the peace and quiet, as thoughtful
construction and design ensure minimal noise transfer between units. Fully upgraded kitchen featuring
granite countertops, stylish backsplash, and stainless-steel appliances including a gas stove and ductless
range hood. Upstairs you will find two bedrooms with oversized closets and full bath and downstairs a fully finished walk out basement (could be used as 3rd bedroom) with its own closet, custom under the stair storage, full bathroom, and laundry area with deep sink. Additionally, access the attic with ease through the convenient pull-down ladder, providing even more storage options. Step outside into your own private oasis! Experience the charm of lazy afternoons on your covered front porch. Perfect for sipping coffee, enjoying a good book, or simply soaking in the neighborhood ambiance. The large fenced yard with covered carport area provides a secure and spacious retreat for outdoor activities, entertaining guests, or just relaxing in the fresh air. The expansive driveway accommodates up to 4 cars. Location can not be beat with easy access to restaurants and shops. Easy commuting to Old Town Alexandria, DC, military installations, and 2.5 miles to Huntington Metro. Roof: 2018 Appliances: 2019 HVAC: 2021 Hot water heater: 2022
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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 Groveton
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$2,250 /mo
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$7,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017