7512 Mayland Drive
About This Property
Step inside to discover refinished hardwood floors that flow seamlessly through a bright, open-concept layout. The living room serves as a peaceful sanctuary, centered by a white brick fireplace and bathed in natural light from a large bay window. Culinary enthusiasts will love the chef-inspired kitchen, which showcases butcher block countertops, a rustic stone wall backsplash, and stainless steel appliances. The central island provides ample workspace, while the adjacent eat-in dining area is ideal for morning coffee. A separate, spacious family room features a second brick fireplace flanked by custom built-in bookshelves, creating a cozy spot for movie nights or a quiet home library.
Each of the three comfortable bedrooms features a ceiling fan, offering a restful retreat for everyone in the household. Practicality meets style in the laundry room, neatly concealed behind a sliding barn door. High-efficiency upgrades offer peace of mind, including a HVAC system and water heater, newly installed in 2023.
The property sits on a generous lot with a dedicated garden bed, providing plenty of room for outdoor recreation. Car collectors and hobbyists will be captivated by the oversized detached garage, complete with built-in cabinetry and a full second story that offers incredible storage or potential for a private studio. Situated in a prime Henrico location, this home grants effortless access to I-64, making any commute a breeze. Schedule your private tour today and see how this versatile property perfectly fits your lifestyle!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017