7117 MARLAN DRIVE
About This Property
Significant recent improvements include: completely renovated and expanded kitchen (2024), remodeled the lower-level (2024), installed mini-split system (2024), replaced main HVAC system (2025), top to bottom primary bath renovation (2026), added storage shed (2023), heated saltwater pool installation (2023), and above ground hot tub (2023). Just a short drive to Hollin Hall or Belle View shopping centers for local grocery, convenience stores, restaurants and more. Enjoy living near the George Washington Parkway with easy access to bike trail, parks, and convenient commuting to Washington, D.C., the Pentagon, Old Town Alexandria, and National Airport.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2026 | Listed by TTR Sotheby's International Realty | $1,375,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Jun 24, 2023 | In contract | - | |
| In contract | |||
| Jun 22, 2023 | Listed by TTR Sotheby's International Realty | $1,100,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
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About Fort Hunt
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017