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7309 REDD ROAD
About This Property
THE MAIN LEVEL: Arrive from the oversized 2 car garage into a proper mudroom with custom cubbies and a walk-in pantry closet. The kitchen earns its "chef's kitchen" title: JennAir paneled refrigerator, KitchenAid 6-burner gas cooktop with a custom bell-shaped hood, double convection wall ovens, two ASKO premium Scandinavian paneled dishwashers, an over sized mitered-edge quartz island with seating, and Brizo fixtures throughout. Julie Neill chandeliers light both the formal dining room and the eat-in kitchen area, connected by a butler's pantry with a KitchenAid icemaker and beverage refrigerator. The great room's coffered ceiling anchors the space, filled with sound from built-in Sonos speakers. Just off the kitchen, a slate-floor giant screened porch with two Infratech heaters and a ceiling fan makes a genuine three-season retreat - and a built-in gas line at the grill area means summer entertaining starts with the turn of a knob. The main level also includes a guest/in-law bedroom with an ensuite bath, a flexible office/den with custom built-ins, and a powder room with Brizo fixtures.
UPPER LEVEL: 4 bedrooms, including a primary suite with a walk-in closet large enough for his-and-hers sections, dual vanities, a soaking tub, and a separate shower. An upper-level laundry room offers a sink, counter, and storage. Two bedrooms connect to a Jack-and-Jill bathroom. And a guest room with full ensuite bathroom and walk in closet.
LOWER LEVEL: An enormous rec room ready for billiards, a home theater, or both; a dedicated gym with premium flooring; a 6th bedroom with a large walk-in closet; a full bath; and rough-in plumbing already in place for a future wet bar.
ADDITIONAL FEATURES: EV charger receptacle plug in the garage. Hunter Douglas blinds, custom floor runners, and woven shades throughout. Room for a pool in the fully fenced backyard.
LOCATION: Steps from Trader Joe's, Giant, Starbucks, Taco Rock, and Mike's Lazy Sunday. West Falls Church Metro (Orange/Silver Line) is under 10 minutes away, with I-66, I-495, Route 7, and Route 267 all within immediate reach - and Reagan National a straight shot down the road. Lemon Road Elementary and Lemon Tree Park are right in the neighborhood, with the W&OD Trail nearby and easy access to the region's top independent schools.
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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.
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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