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7402 INZER STREET
About This Property
✨The true heart of the home is the sun-drenched eat-in kitchen. It boasts gleaming new Quartz countertops, an undermount sink, recessed lighting, and a tile backsplash that complements the ample wood cabinetry. Enjoy meals by the large picture window or utilize the large walk-in storage closet nearby for all your pantry needs. A double-sided fireplace anchors both the kitchen and the spacious living room, where built-in shelving creates a warm focal point for entertaining. The hallway features another large closet with shelves, ideal for linens or household essentials, leading to three comfortable bedrooms and an updated bathroom! Just off the main living area, a private screened-in porch offers the perfect indoor-outdoor retreat for morning coffee or evening relaxation.
🌳The outdoor space is equally impressive, featuring a carport for covered parking, a sprawling, fully fenced backyard with a concrete patio great for barbecuing, and a separate fenced garden area ready for your flowers, herbs, or vegetables.
Notable upgrades: roof (2018), vinyl siding and gutters (2020), water heater (2018), upgraded front-loading laundry units (2021) with a new utility sink (2026), new lighting in foyer, hallway, and bathroom (2026).
Ideally located for commuters and nature lovers alike: Nearby I-495/I-395, VRE, Franconia–Springfield Metro, and Springfield Town Center. Plus, enjoy easy access to Lake Accotink Park and Audrey Moore Rec Center!
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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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About North Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017