7102 ENTERPRISE AVE
About This Property
The mention of the Broyhills McLean Estates neighborhood adds further prestige to this home, as it's known for its desirable location and quality of life. With nearly a third of an acre, the property offers ample space for various activities and potential expansions. The option to move in or build your dream home provides flexibility to cater to different preferences and needs.
The inclusion of three bedrooms and two full baths, along with a one-car garage, ensures practicality and comfort for residents. The presence of two fireplaces adds a cozy touch to the interior, perfect for chilly evenings. The fenced rear yard with tiered decks is a standout feature, ideal for outdoor gatherings and relaxation.
The "Sold As Is" condition suggests potential for customization or renovation, allowing buyers to tailor the property to their liking. Plus, the proximity to downtown McLean for shopping and dining, as well as to Tysons Corner and the metro, ensures easy access to amenities and transportation options. Overall, this home offers a blend of charm, convenience, and potential, making it a compelling choice for buyers seeking a residence in the McLean area.
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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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by Samson Properties | $1,200,000 | |
| Listed by Samson Properties | |||
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About McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017