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8311 TIMBER BROOK LANE
About This Property
Outside, you'll find resort-style outdoor space, where expansive flagstone hardscaping extends across the front, side, and rear of the home, complemented by Trex® decking for low-maintenance outdoor living. The backyard is designed for both relaxation and entertaining, featuring a large, deep in-ground pool with solar heating for extended seasonal use, a fire pit, and lush, established greenery. The surrounding pool sundeck provides a more comfortable surface underfoot on warm days. And a screened-in sunroom adds additional living space, complete with a hot tub, power, built-in speakers, and TV hookup.
Inside, the home has been thoughtfully updated with extensive contemporary improvements throughout. From a newer roof, to new flooring, renovated bathrooms, fresh paint, and a refreshed kitchen with brand-new appliances, each space reflects careful attention and quality. Custom closet systems have been added throughout for enhanced organization, while smart home features, including Alexa-enabled lighting, bring modern convenience into everyday living. The oversized primary suite overlooks the backyard retreat, and includes dual closets and a spacious sitting area.
Conveniently located with easy access to Fort Belvoir, I-95, I-495, I-395, Franconia-Springfield Metro, NAG, Washington, DC, and the Pentagon. Tons of nearby shopping, dining, parks, commuter lots, commuter options, and numerous walking and biking trails.
This location offers both accessibility and lifestyle.
Agent is co-owner. Assumable VA loan available to those with VA eligibility. Rate of 2.25% with a balance of approximately $450k. Contact for more details.
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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%.
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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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About Newington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017