7558 REMINGTON ROAD
About This Property
The established Sudley neighborhood of Manassas offers convenient access to I-66, Route 234, and Sudley Road. Commuters will appreciate the Balls Ford Road Commuter Lot just 2 miles away, served by OmniRide express buses to Washington, DC and Route 60 service to Tysons Corner and Metrorail. The VRE Manassas Station is approximately 3.5 miles away, with the VRE Broad Run Station also nearby. Dulles Airport (IAD) is approximately 11 miles away, and Manassas Regional Airport serves private and charter aviation.
Outdoor enthusiasts will enjoy nearby Manassas National Battlefield Park, offering miles of walking, hiking, and horseback trails across 5,000 acres of historic landscape. Shopping and dining options are nearby along the Sudley Road corridor and at Manassas Mall, with grocery stores, retailers, and restaurants in every direction. Historic Old Town Manassas offers local restaurants, breweries, shops, and a seasonal farmers market, and Jiffy Lube Live in nearby Bristow hosts major concerts throughout the summer.
The location is well positioned for employment throughout western Prince William County and the City of Manassas, including Micron Technology, Lockheed Martin, BAE Systems, Aurora Flight Sciences, and UVA Health Prince William Medical Center, as well as the growing data center and technology corridor along Route 234 and I-66. Property should only need light cosmetic refreshing inside and out to be your next dream home!
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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.
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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