7250 2ND ST
About This Property
Up the wood hand carved antique staircase, you will find 3 generous sized bedrooms and a large renovated full bathroom. Don't miss out on this exciting opportunity to own a fully renovated Victorian home in Remington, VA. Updated from top to bottom in 2022, this home combines historic elegance with modern luxury. Double lot has been combined into one parcel, providing endless opportunities with plenty of room to build a guest house, in law cottage, or detached garage. Expanded driveway with plenty of room for parking RV, Boats, or Trailers. No HOA with public water and public sewer! The parking area has a large 20 X 30 shed with power. Renovated interior plus- all new siding and trim, new drywall, windows, plumbing, wiring, and HVAC.
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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 13, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Oct 23, 2024 | Price Decreased |
$489,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Oct 1, 2024 | Price Decreased |
$499,990
↓ $25K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017