8717 HIGDON DRIVE
About This Property
Move-in ready and thoughtfully updated over the years, this home offers peace of mind with all the big-ticket items already done: HVAC (2024), water heater (2023), roof (2016), windows (2019) and driveway (2024). Inside, you'll find hardwood floors on the main and upper levels, and a bright, inviting layout. Entry Double French doors open to the foyer that flows to a spacious living room filled with natural light, while the kitchen features rich cherry cabinetry, a custom beverage center, and a sunny breakfast area overlooking the vibrant front yard. The dining room has easy access to the backyard-perfect for indoor-outdoor living. There is also a door from the carport to the kitchen to make unloading groceries easy.
Upstairs offers four comfortable bedrooms, including a primary suite with two closets and a private bath. Just a few steps down, the cozy family room features a brick hearth wood-burning fireplace and a renovated powder room. The finished utility/craft room includes a walkout to the yard and a convenient laundry area.
Set in one of the most convenient suburban locations in the DMV, this home combines charm, updates, and unbeatable access-a rare opportunity you won't want to miss! Showings start 4/16 OPEN HOUSE SAT & SUNDAY 1:00-3:00
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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