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8114 LANGBROOK ROAD
About This Property
The main level begins with a foyer that opens into a living room featuring a stone fireplace and wet bar. The main level also includes a half bath and laundry room before continuing into the eat-in kitchen, which features a large window and space for a table. A formal dining room sits just off the kitchen.
Beyond the dining room, a family room with access to the rear deck and wooded views completes the main living areas.
The primary bedroom includes a walk-in closet and a private primary bathroom. Three additional bedrooms and a full bathroom complete the main level.
Downstairs, the basement expands the home with additional finished living space, along with unfinished storage space and a crawl space.
Outside, the .28-acre lot includes a two-car garage, driveway parking, and a rear deck overlooking the wooded surroundings.
The location offers convenient access to Cardinal Forest Plaza shopping center and Springfield Golf and Country Club, both along Old Keene Mill Road, as well as Cardinal Forest Park, which features a playground, basketball court, and walking trails. Nearby, the Cross County Trail provides miles of walking and biking trails, while Lake Accotink Park offers additional trails and outdoor recreation.
For commuters, the property offers access to Interstates 395, 95, and 495, along with Fairfax Connector park-and-ride service at Springfield Plaza and the Springfield Community Business Center commuter parking garage. Metrobus route F81 runs along Old Keene Mill Road to the Pentagon, while the Franconia-Springfield Metro station, serving the Blue and Yellow Lines, is less than a 15-minute drive away.
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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 West Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017