8537 HOOES ROAD
About This Property
Upstairs, you'll find four spacious bedrooms, including a primary suite with a walk-in closet and a private en suite bath. The secondary bedrooms are well-sized with plenty of closet space, ideal for family, guests, or a home office. A full bath serves the remaining bedrooms and offers a combination tub/shower layout.
The finished walk-out basement adds tremendous versatility, featuring a large recreation room with built-in shelving and plenty of space for a media area, playroom, or home gym. A fifth bedroom and half bath make this level perfect for guests or extended family. The unfinished section provides additional storage and utility access.
Step outside to your own private oasis. The backyard features a deck off the family room and a backdrop of mature trees for privacy and relaxation, with a small treehouse hidden within and a nearby creek. Whether hosting summer barbecues or simply enjoying quiet evenings outdoors, this space offers the perfect retreat right at home. HVAC replaced in 2019, hot water heater replaced in 2022, EV charger in 2019, Emporia Home Energy Monitor in 2019.
Zoned for Hunt Valley Elementary, Irving Middle, and West Springfield High School; all highly sought after Fairfax County Public Schools, this home is in a school pyramid known for academic excellence and strong community support. Excellent location just outside the Beltway! Convenient access to major roads including Fairfax County Parkway, 395/495/95. Close to Metro bus stops, Franconia-Springfield Metro station, commuter lots, and the Springfield/Burke VRE stations. Also nearby are George Mason University, Ft. Belvoir, Lake Accotink Park, Burke Lake Park, Huntsman Lake, South Run Rec Center, Springfield Golf and Country Club, Springfield Town Center, Springfield Plaza, and a plethora of restaurants. Just minutes to DC, the Pentagon, Reagan National Airport, Alexandria, Arlington, Tysons Corner, and more. Very walkable community with nearby bike trails and walking paths. Within two miles of local shopping centers including Huntsman Square, Rolling Valley Mall, and Burke Town Plaza. Nearby community swim and racquet clubs. This is a great chance to renovate and create your dream home in a wonderful neighborhood. Quick closing is preferred. Some photos are virtually staged. Make your appointment today!
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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.
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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