8614 GATESHEAD ROAD
About This Property
The open-concept main floor is bathed in natural light, centered around a renovated gourmet kitchen. This chef-inspired space features premium cabinetry, quartz countertops, a custom island, a stylish backsplash, and a stainless steel appliance package with a gas range. Entertain seamlessly with access to an expansive, newly refreshed deck overlooking the private green space.
The upper level includes two bedrooms and two upgraded baths, highlighted by a generous primary suite. The walk-out lower level provides incredible flexibility, featuring two additional bedrooms, a full bath, an enormous recreation room, and a laundry room. Sliding doors open to a shaded patio, while a secondary kitchen with exterior access gives you the ability to host any size party or is perfect for multi-generational living/income potential.
Enjoy recent updates throughout, including refinished hardwood floors, fresh neutral paint, and updated systems. This prime location is just minutes from Grist Mill Park, Fort Belvoir, the historic Mount Vernon Estate, the GW Parkway, and Old Town Alexandria, offering exceptional value in a highly sought-after community.
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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%.
How much can I actually make?
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 26, 2025 | Sold | ||
| Sold | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Price Decreased |
$779,838
↓ $1
(0%) | |
| Price Decreased | |||
| Nov 20, 2025 | Price Decreased |
$779,839
↓ $1
(0%) | |
| Price Decreased | |||
| Nov 17, 2025 | Price Decreased |
$779,840
↓ $1
(0%) | |
| Price Decreased | |||
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About Mount Vernon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017