7936 ORANGE PLANK RD
About This Property
two updated freshly painted Bedroom and updated Full Bath.
The bright open kitchen has a nice breakfast area and the spacious living room .
On the lower level you'll find a full bath and fourth bedroom.
This prime location offers easy access to Washington, D.C., and is conveniently close to Fairfax County Parkway, I-95, I-495, Ft Belvoir, and the VRE.
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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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Sep 1, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Price Decreased |
$665,000
↓ $14K
(2.1%) | |
| Price Decreased | |||
| Jul 31, 2024 | Price Decreased |
$679,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jun 6, 2024 | Listed by Fairfax Realty Select | $680,000 | |
| Listed by Fairfax Realty Select | |||
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About Newington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017