685 OLD HUNT WAY
About This Property
attic (2014ish) Washer/Dryer( 2018) Stove and microwave (2022) Location! Location! Close to shopping and commuter routes. Near Reston Town Center, One Loudoun, Rt 7, 28, 267, Silver Line Metro, Dulles Airport, W& OD Trail. HOA $195 a year. Wow! Neighborhood hosts an annual block party, chili cook off, childrens parade, ladies nights out, holiday party and more. Tennis court and walking trails. Fabulous Town of Herndon amenities include many restaurants, brewery, concerts, farmers market, parades and more. This is the one you have been waiting for! Open House Sat May 6, 2-4PM and Sunday May 7, 1-4PM.
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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.
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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