8503 CLEARRIDGE LANE
About This Property
This light-filled 4-bedroom, 3.5-bath home sits proudly on a beautifully landscaped corner lot in Manassas, offering both space and functionality across 3 finished levels.
The main floor features newly installed flooring, generous living and dining areas, and a kitchen that provides extensive cabinetry, sleek stainless-steel appliances, and quartz countertops.
Upstairs, all 4 bedrooms offer ample natural light and closet space. The primary suite includes a luxurious upgraded bath featuring dual shower heads, a jetted jacuzzi tub, marble flooring, and a spacious walk-in closet. The third-floor hallway bathroom was also updated in 2023.
The walkout basement is a standout with its full kitchenette, full bath with a spacious walk-in shower, a bonus room currently used as a bedroom, and a walk-out to the backyard-an ideal setup for extended family, teens, guests, or potential rental income.
Additional highlights feature a 2-car attached garage, a 2023 HVAC system, 2019 roof, a battery-backed sump pump, and a stainless steel chimney chase cover installed in 2024 with a lifetime warranty against rust. A new deck (2024) expands the living space outdoors, overlooking the private, fenced yard.
This home has been meticulously cared for, offers no HOA, and is a rare find in this neighborhood for its layout and condition. Don't miss the opportunity to own a truly move-in-ready property!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017