7404 RIPPON ROAD
About This Property
Freshly painted and filled with natural light, this home offers an ideal layout for both everyday living and entertaining. The formal dining room is perfectly positioned just off the updated kitchen, which features granite countertops, a gas cooktop, double wall ovens, stainless steel refrigerator, and a spacious breakfast area with a bay window overlooking the private backyard.
Just off the kitchen, you'll find a cozy family room with custom built-ins and a stunning picture window that frames the outdoor views. A formal living room with gas fireplace and ample windows creates the perfect space to unwind or host guests. Additional main-level conveniences include a laundry closet, powder room, and direct access to the attached garage.
Upstairs, the primary suite offers a walk-in closet and en suite bath, along with three additional generous bedrooms and a full hall bath with tub/shower. The finished lower level provides a spacious recreation area with durable LVP flooring-perfect for movie nights, game tables, home gym, or hobby space-plus plenty of storage.
Enjoy outdoor living on the private brick patio, surrounded by mature landscaping. The Mason Hill community offers easy access to parks, trails, pools, and schools-and you're just minutes to Belle Haven Country Club, Old Town Alexandria, Hollin Hall Shopping Center, and Belle View Shopping Center. Minutes from the beltway and only 7.5 miles to DCA Airport!
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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