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7532 MURILLO STREET
About This Property
Much of the home's original mid-century character remains, from the retro green carpeting to the vintage kitchen with its original cabinetry and wall oven. Whether you appreciate the nostalgia or see the opportunity for a complete transformation, this home offers a wonderful canvas. It does need some TLC-and depending on your vision, you may choose to renovate and create the home you've always wanted.
The main level features three comfortable bedrooms and two full bathrooms, including a private primary suite. Downstairs, the walkout lower level offers a spacious family room, a fourth bedroom, a full bath, and a dedicated laundry area, providing flexible space for guests, hobbies, a home office, or everyday living.
Step outside to a large, usable backyard with plenty of room to garden, entertain, play, or simply enjoy the outdoors. The walkout basement makes the space even more accessible and functional.
Homes like this were built to last, and this one reflects the practical design and dependable craftsmanship that made 1950s construction so enduring. Its simple, efficient floor plan, durable construction, and low-maintenance exterior provide an excellent foundation for whatever comes next.
All of this is tucked into one of Northern Virginia's most desirable neighborhoods, with quick access to major commuter routes, shopping, dining, parks, and the employment centers of Northern Virginia and Washington, D.C. Whether you're looking for a home to update over time, a renovation project, or a chance to create something truly special, this North Springfield classic is full of possibilities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by Real Broker, LLC | $600,000 | |
| Listed by Real Broker, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017