805 Fahey Circle
About This Property
Welcome to your next opportunity! This 2-bedroom, 2-bathroom contemporary home boasts 1,038 sq. ft. of potential in the highly sought-after James River High School district of North Chesterfield, VA. Nestled on a quiet cul-de-sac street , this property offers a unique blend of modern design and the promise of future updates. While this home is being sold "as is," it presents a fantastic chance to customize and renovate to your tastes. The open-concept living space is bathed in natural light, featuring vaulted ceilings and large windows that emphasize the home's contemporary character. The kitchen, living, and dining areas flow seamlessly, making it an ideal space for both everyday living and entertaining. The Primary bedroom includes an en-suite bathroom, providing privacy and convenience. The second bedroom is generously sized and perfect for guests, a home office, or a growing family. The second full bathroom serves both the second bedroom and common areas.
Outside, the property features a spacious backyard, ready to be transformed into your private oasis. Whether you're an investor, first-time homebuyer, or looking to downsize, this home offers endless possibilities. Book your tour today and bring your builder!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017