811 FALL PLACE
About This Property
LVP flooring (2024) in the large family room/dining room combo with tons of natural light coming
in from the large windows and double front door entry. Spacious kitchen with direct access to
the generous sized deck off the back of the home that's accessible from the kitchen and dining
room. Exterior stairs lead to plenty of green grass space and a fenced in back yard. Back in the
main level of the home you will find a large primary bedroom with plenty of closet space and
ensuite bathroom, 2 additional bedrooms and a hallway bathroom with upgraded lighting and
hardware. The lower level has a spacious rec room with a wood burning fireplace, half bath,
storage room, laundry closet and 2 additional bedrooms. Wonderful curb appeal including brick
stamped driveway and walkway, a 2 car garage and additional parking in the driveway. Recent
upgrades include brand new water heater (December 2025) interior lighting, recessed lighting
(2024), interior paint 2026, refrigerator 2024, French doors off of dining room replaced (2024),
duct work cleaned 2024. Home is conveniently located with close access to
major roads including Route 28, Dulles Toll Road, and Route 7. A 10 minute drive to Dulles
International Airport and Innovation Center Metro. 2 miles from downtown Herndon and less
than 15 minutes to Reston Town Center. This home and location has it all!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017