7721 GLENISTER DR
About This Property
When you enter the split-level home you are greeted with New Flooring throughout. The main floor offers vaulted ceilings with lots of windows for sunlight to create a beautiful glow on the natural hardwood floors. The kitchen size is ample with room for a breakfast table and conversation. Plenty of space for you to create your dream kitchen in the future. The Dining room and Living room connect and have a great view out the sliding door to the back patio. 3 bedrooms including the primary are on this level, plus 2 fully updated bathrooms.
The lower level offers a 4th bedroom plus a full bathroom for guests and family alike. The new plush carpet and brick mantel wood-burning fireplace give the family room a great cozy feel. Full-size windows bring the sun in and offer a great view of the front yard. A study nook is off the family room, perfect for a quiet space. The lower level also has a large laundry room and a very large storage space with an exterior door.
Nearby, you can follow the wooded pathways to the creek and the paved "Accotink Stream Valley" portion of the 40-mile-long Cross-County Trail leading to Lake Accotink just over a mile away. Super, close-in location close to almost every major commuter route and minutes from the Franconia/Springfield blue line Metro as well as the Rolling Road or Springfield Virginia Railway Express. 13 miles to the Pentagon, 8 miles from Fort Belvoir and 4 miles from the National Geospatial-Intelligence Agency. Bus stops 18G, 18J and 18P and also Fairfax Connector stop at Old Keene Mill Road near Bardu. Two swim clubs close by: Walden Glen Swim & Racquet Club and Rolling Hills Swim Club. An abundance of shopping choices including the Springfield Town Center, Whole Foods, Trader Joe's, and a gourmet Giant. All in the top-rated Keene Mill ES, Irving MS and West Springfield HS pyramid (Elementary and High Schools have recently been completely renovated).
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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.
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 West Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017