7774 NEWINGTON WOODS DR
About This Property
The home backs to a neighborhood tot lot and serene wooded parkland, providing a peaceful setting. Located just off the Fairfax County Parkway, it offers easy access to I-95 and I-495, as well as nearby shopping, dining, parks, and more. This property is also part of the highly sought-after Hunt Valley Elementary, Irving Middle, and West Springfield High school pyramid.
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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.
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About Newington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,475 /mo
- 3 Beds
- 2 Baths
- 1,832 ft²
$3,550 /mo
- 4 Beds
- 3 Baths
- 2,584 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017