7514 LAURALIN PL
About This Property
Step into the sun-filled living room, where recessed lighting, a charming bay window, and a cozy wood-burning fireplace create a warm and inviting atmosphere. The kitchen, featuring a custom island and stainless steel appliances, flows seamlessly into the dining room, making mealtime a joy. French doors open onto the patio, ideal for alfresco dining and entertaining.
The upper level includes three comfortable bedrooms and a full bathroom, while the finished lower level offers a versatile space with hardwood floors, a modern full bath, a fourth bedroom, and a washer and dryer. Recent updates include windows and all-new appliances installed in 2022. Dual attic entrances provide additional storage, and major systems have been well-maintained, including an HVAC and hot water heater installed in 2014 and a roof added around 2010.
The spacious backyard is perfect for relaxation and play, featuring a patio, a large storage shed, and an incredible playset with a zipline. This home is ideally located just outside the Beltway, with easy access to I-95, I-495, I-395, and the Fairfax County Parkway. Commuters will appreciate the proximity to the Rolling Road VRE, Franconia/Springfield Metro, Fairfax County Connector, and nearby commuter lots.
Enjoy the convenience of living near George Mason University, Fort Belvoir, The St. James, Lake Accotink Park, Burke Lake Park, Springfield Golf and Country Club, and DCA Airport. Shopping and dining are a breeze with Springfield Town Center, Springfield Plaza, and countless restaurants just minutes away. The home is also a short drive from DC, Alexandria, Arlington, Tysons Corner, and more.
Located in a walkable community with bike trails and walking paths, this home is zoned for Crestwood Elementary School, Key Middle School, and Lewis High School, making it a perfect place to call home.
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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 Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017