8701 SHADOWLAKE WAY
About This Property
get the most out of living / working in NoVA and the greater DC metro. A thoughtfully updated sunny
Colonial, the home is a rare find nestled on a cozy cul-de-sac / pipestem. Prospective buyers will love the
convenient commuting options – whether traveling via the Metro/Slug lots that are within a short distance
or choosing to drive 30-minute along expressways to DC and Chantilly offices. An open 1,198 SF
basement serves as a perfect recreational / hobby / exercise space. For those that prefer to be outdoors,
the neighborhood includes an open-field park and walking paths, or you can take a short drive to beautiful
Burke Lake Park and SYC youth sports fields. Families with little ones will appreciate the proximity of TOT
preschool and being within the highly desired Orange Hunt/Irving/West Springfield school boundaries. Fort Belvoir Community Hospital, PX and Commissary and outstanding MWR resources are an easy 15-
minute drive. Updates include – decorative molding and wainscotting, custom designed bathrooms,
kitchen, paint, and hardwood and tile flooring. Reach out for a showing today before this great property is gone!
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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.
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About Burke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017