7824 MIDDAY LANE
About This Property
Follow the new brick walkway and you have found the most authentic warm, grand Virginia colonial. Meticulously maintained and filled with love and great memories for generations, those hints still remain like stories. Red kitchen cabinet handles that vibe with the pristine red and white floral drawer liners. Classic light fixtures and a little bit of wallpaper still remaining in bathrooms. Never has there been a more perfect use of the word "Great Room" - a side addition to this home created a gathering place 26 ft long, with brass wall sconces to add a glow to your family meals or more formal entertaining. Still throughout this level you could work, play, study, or lounge by the fireplace in the family room while scanning your favorite photos and souvenirs on display in the built in bookcase. A back addition to the home could be storage with the laundry, but we finished it into additional recreational living space, so you have options.
Upstairs, more classic wood floors throughout three generously sized, freshly painted bedrooms, a hall bathroom for them to share, and then the primary suite that will blow your mind. It also benefits from the side addition, making the bedroom itself 442 sq ft, plus a dressing area (so much more than just a walk in closet) enroute to the full bathroom. But wait, there's more. A separate library! Bring your novels and your favorite throw blanket, and you are home.
Highly sought after community tucked conveniently between the scenic GW Parkway and all the essentials on Rt 1. Take a quick bike ride for a picnic lunch along the Potomac River, or run the trails all the way to the Pentagon. Speaking of the Pentagon, the commute to there and DC by car is just 25 minutes, with Fort Belvoir even closer! The family has enjoyed this home for generations and will miss their quick trips to the Farmer's Market and all the community fun runs, holiday cookies, and more. In the Fall, the parkland across the street will look like a painting out your bedroom window, or from one of the park benches where you can practically hear leaves falling. Move right in and start making your own memories!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Feb 11, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Foxtrot Company | $899,000 | |
| Listed by Foxtrot Company | |||
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About Hybla Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017