8134 VIOLA STREET
About This Property
The inviting family room boasts a cozy wood-burning fireplace and integrated Sonos speakers, which also extend into the renovated kitchen-updated in 2021 with GE Monogram appliances, hardwood flooring, a stunning 12-foot quartz island, a skylight, and a wall of windows that bathe the space in natural light and offer direct access to the deck and fully fenced backyard. The backyard also includes a storage shed for added utility. The windows have all been replaced and the tankless hot water heater and HVAC system were replaced at the same time as the kitchen update.
Additional features on the main level include hardwood floors throughout, custom blinds, and a convenient laundry nook with built-in storage.
Upstairs, you'll find four bedrooms and two full baths, including a spacious primary suite with a fully renovated en-suite bathroom.
The lower level serves as a fully finished walk-out basement with a full kitchen, full bath, wood flooring, recessed lighting, and a built-in Murphy bed (which conveys), making it a perfect guest or in-law suite. Currently configured as a home gym, this flexible space offers endless possibilities.
A two-car garage and an extended driveway with parking for up to four additional vehicles complete this exceptional offering.
Located in the peaceful Rolling Forest subdivision, this home offers access to a community pool and is just minutes from Springfield Town Center, with quick connectivity to Fairfax County Parkway and I-95/I-395. 8 min drive to Metro & VRE.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017