8323 WAGON WHEEL ROAD
About This Property
This hidden gem in Alexandria is set on a beautifully landscaped lot in the desirable Riverside Estates community of Alexandria. Surrounded by mature trees, this charming split-level home offers spacious living, modern upgrades, and a serene outdoor retreat. With five bedrooms and three full bathrooms, there's room for everyone to live, work and play!
Step inside to find gleaming hardwood floors throughout, and a warm open living and dining area - ideal for hosting unforgettable gatherings. This inviting space is beautifully framed by a striking picture window with custom built-ins and cozy window seating, offering a breathtaking view of the serene backyard.
The show-stopping kitchen shines with granite countertops, stainless steel appliances, and sleek cabinetry-ideal for everyday meals or special occasions. Thoughtfully designed, it features upper cabinets with elegant glass doors and direct access to the garage through a chic frosted glass door, blending style with functionality.
The main level hosts a primary suite with a generous walk-in closet and a renovated ensuite bath, along with two additional bedrooms that share an updated hall bathroom. Downstairs, the finished lower level with walk-up access to the backyard features a cozy family room with a wood burning fireplace and french doors, two additional bedrooms, and a full bath-offering flexible space for guests, hobbies, or multi-generational living.
Enjoy the outdoors year-round with multiple spaces designed for relaxation and entertaining including a spacious deck, inviting patio, cozy fire pit, and a tranquil koi pond. All of this is nestled among mature trees that provide both privacy and picturesque backdrop. A handy shed offers extra storage, and a separate entrance leads directly to a private workshop - an ideal set up for remote work or a creative studio.
Additional highlights include neutral paint, modern light fixtures, and a 2018 roof replacement. This home is ideally located just 5 miles from Huntington Metro, with easy access to the Pentagon, DC, and Fort Belvoir (only 7 miles away). Commuters will love the convenience of a Fairfax Connector bus stop at the neighborhood entrance, and families will appreciate the walkability to local schools.
Don't miss your opportunity to own this inviting and versatile home in one of Alexandria's most sought-after neighborhoods.
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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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About Mount Vernon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017