28
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7423 ALBEMARLE DRIVE
About This Property
RARE private loft suite with its own separate entrance, kitchenette, walk-in closet, and full bathroom ready to be rented out - an incredible opportunity for rental income, multigenerational living, an au pair suite, private guest quarters, or the ultimate personal retreat. This beautifully maintained Manassas home also offers a bright, open layout filled with natural light from bay windows and skylights, complemented by gleaming wide-plank hardwood floors, crown molding, and recessed lighting throughout. Featuring 4 spacious bedrooms and 3 full baths, the thoughtfully designed floor plan provides comfortable living and entertaining spaces throughout. The kitchen is designed for both everyday living and entertaining with granite countertops, gas cooking, and generous table space for gathering and connection. Situated on a landscaped .3-acre lot, the outdoor space offers room to relax, entertain, or enjoy time outdoors. Additional highlights include a 2-car garage along with front and rear driveways providing ample parking and convenience. Ideally located near Interstate 66, Route 28, and Prince William Parkway with easy access to shopping, dining, parks, commuter routes, and Historic Old Town Manassas. A wonderful opportunity to enjoy comfort, flexibility, and convenience in an established Northern Virginia location. Photos may be virtually staged.
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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.
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About Loch Lomond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017