7360 SERENITY LN
About This Property
LOCATION ; Living in the suburbs offers the best of both worlds - a peaceful environment and easy access to amenities. Being close to everything means you can enjoy the convenience of nearby stores, restaurants, and entertainment options. And being situated in the middle of Middleburg, The Plains, and Marshall, VA puts you right in the heart of a vibrant area. These towns offer a variety of amenities, including restaurants, bars, wineries, bakeries, and unique boutiques. Middleburg, in particular, is known for its shopping, dining, and wineries, providing plenty of opportunities for exploration and enjoyment. Whether you're in the mood for a delicious meal, a relaxing drink, or a day of shopping, you'll have a wide range of options to choose from in this area
THE HOME: The 3-bedroom, 2-bathroom sitting on 1.5 Lush Acres This Home has been renovated with updated high-end kitchen appliances, as well as a washer and dryer for added convenience. The fresh paint, newer carpet, and new bathroom and kitchen floors give this home a modern and updated feel. Hardwood floors throughout most of the main level add a touch of elegance. The great room, with its cathedral ceiling and cozy wood stove, creates a warm and inviting atmosphere. It opens up to a rear deck, providing a lovely space for relaxation and outdoor enjoyment. Additionally, the recreation room on the opposite end of the home offers ample space for an office or home schooling scenarios, catering to the needs of modern living. vailability of high-speed internet via Data Stream, ensuring connectivity for work or leisure activities. The large fenced-in yard provides plenty of room for play and recreation, making it ideal for families or those who enjoy outdoor activities.
RENOVATIONS; Aesthetically Renovated Bathrooms 2023 & Newer Functional Kitchen & Appliances in 2021 WHOLE NEW ALTERNATIVE SEPTIC SYSTEM in 2021 A Long Lasting TIN ROOF adds lots of Peace Of Mind 2 New Chimney Flues 2021 Well Pressure Tank 2023 attached ShedBarn Conveys As Is-free standing shed in the back negotiable
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017