713 OLD HUNT WAY
About This Property
The home is nestled on a pretty lot with mature landscaping and a large expansive composite/wood deck and a beautiful private treed lot. The storage shed for your lawn mower and yard tools frees up the large two car garage for the cars. Long driveway makes parking easy. Roof 2009 (estimate), HVAC UL 2017, Elfa Shelving (2019), W/D 2023.
Old Dranesville Hunt Club neighborhood was listed in the May edition of Washingtonian Magazine 2012 as "One of the most popular neighborhoods for families". The neighborhood is located within the Town of Herndon and residents have access to town amenities such as: trash/recycle pickup, police/fire departments, public golf course, library, recreation center (includes tennis/pickleball courts, indoor pool/jacuzzi, racquetball, weight room, and exercise classes), access to the W&OD walking/biking path and wonderful restaurants, farmers market and shopping. Town residents get a discount to use the town amenities. The town also offers many fun events such as a Turkey Trot, 4th of July fireworks, free summer concert series and more. Herndon is packed with charm and a small town feel!
Neighbors take pride in their neighborhood and host several fun neighborhood events every year including an annual block party, ladies' night out, men's bourbon whiskey tasting, back to school pizza party, 4th of July parade, chili cookoff, Halloween phantom, holiday cookie exchange, easter egg hunt, and more. Tennis court in the neighborhood has seen many fun times! Low HOA of $298 a year.
Conveniently located and just minutes to Dulles International Airport, less then 2 miles to the Herndon Metro stop (Silver Line), convenient bus stop and commuter routes such as the Fairfax County Parkway, the Dulles Toll Road, Route 28 and 7, near vibrant Reston Town Center and Loudon One.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Price Decreased |
$1,125,000
↓ $24K
(2.1%) | |
| Price Decreased | |||
| Oct 31, 2024 | Price Decreased |
$1,149,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Oct 17, 2024 | Listed by Long & Foster Real Estate, Inc. | $1,199,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017