8335 TERRA GRANDE AVENUE
About This Property
Welcome to a Springfield gem-this spacious 5-bedroom, 3½-bath home is a standout thanks to its rare in-ground saltwater pool, an extraordinary feature in this neighborhood that's instantly a showstopper.
Bright & Updated Interiors: The updated kitchen, luxury vinyl plank floors, and new carpet create an inviting and modern feel throughout.
Comfort & Flow: Upstairs hosts four bedrooms and two full baths. The main level offers generous living areas-including a formal dining room, two living spaces, and a kitchen with a breakfast nook.
Charming Features: A wood-burning fireplace with built-ins on both sides adds warmth and personality.
In-Law Suite Potential: Lower level includes a living area, a private bedroom with full bath, and expansive unfinished space perfect for additional living space, guest suite, or flex room.
System Upgrades: Less than 5-year-old HVAC and a newer roof-meaning strong bones plus peace of mind.
Outdoor Entertaining & Storage: Large deck and stunning saltwater pool-entertaining-ready. Plus, a 2-car garage and a low HOA of just $125/year give added value and flexibility.
Light & Storage Galore: Oversized windows fill the home with natural light while deep closets and built-ins keep it organized and spacious.
Recreation: Just minutes from Lake Accotink Park, a 493-acre oasis offering trails, paddleboats, mini-golf, and antique carousel rides.
Close to The St. James-the region's premier 450,000‑sq‑ft sports and entertainment complex with everything from ice rinks to a water park.
Shopping & Dining: The Springfield Town Center (formerly Springfield Mall) is a short drive away-over 155 shops, restaurants, and entertainment, including new attractions like the LEGO Discovery Center.
Transit & Commuting: Seamless access to major routes (I‑95, 395, I‑495). Plus, nearby Franconia–Springfield Metro & VRE Station provides smooth connectivity to D.C. and surrounding areas.
Parks & Family Life: Rolling Road Park offers relaxing trails, playgrounds, and picnic spots-great for everyday outdoor time.
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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