7157 SONTAG WAY
About This Property
floor is open and bright and boasts a thoughtfully updated and stylish kitchen with plenty of storage and
working counters for the chef. The color palette is soothing and current, with warm, butcher
block counters and new stainless steel appliances. The huge deck off of the kitchen is perfect for
dining al fresco with family and friends and is strong enough to support a hot tub (if you wish to install one). A dedicated dining room and living room are spacious and convenient for easy living and entertaining. The large primary bedroom has an overhead fan and ample closet space. A door allows access, from the primary bedroom to the deck, enabling you to enjoy your morning coffee in the sun! The large, shared hall bath has been beautifully updated and boasts double sinks, shiplap, and beautiful tile. Two additional bedrooms round out the main floor. Relax in front of a cozy fire in the sizable, downstairs family room. A large, fourth bedroom is great for guests or can be used as an office or crafting room. An additional and updated full bath is conveniently located across the hall from the fourth bedroom. The laundry room is tidy and efficient and exits to the backyard. The walkout basement door leads to a large covered cement patio for even more outdoor living space or additional storage. The flat backyard is enclosed with a new wooden privacy fence. All year long you will appreciate the expanded 2-car garage with room for a workshop, additional electrical outlets, and ceiling racks for more storage. Everything is done in this move-in ready and extremely well-maintained home. It's located in the West Springfield HS pyramid very close to the neighborhood tennis courts, local dining and shopping. It's also close to the Virginia Railway Express (VRE) and the metro. This home is accessible to Fort Belvoir, the Pentagon, Washington DC, Quantico Marine Base, National Airport and so much more!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017