88 WHITE OAK LN
About This Property
3 bedrooms - currently used as 2 bedrooms and an office with High speed xfinity internet. New vinyl plank flooring on the main level. 1 full bath on main level with new flooring. Separate laundry room and pantry cabinet off the kitchen. Central air and heat on main level. Enjoy views from the kitchen window of the large back deck overlooking the private wooded yard.. You will love the spacious attached workshop that is heated with a wood stove and cooled with a window unit for year round use- it has direct access via the interior door or double exterior door access off the driveway. The mostly finished basement is primed for your personal touches, making it perfect for additional living space or entertainment areas with a half bath. Heated with a wood stove with pass thru vents to the main level that allow you to fire up the wood stove in the basement to add supplemental heat to the main level. Relax on the covered front porch, perfect for taking in the peaceful, wooded surroundings or the expansive back deck. 1 car carport. covered parking, Additional features include a circular drive for easy access, a machine shed, a detached storage shed and a chicken coop. So much to see. Only 2 miles to Rt 7 for easy commuting and fast access to Rt 7 in Bluemont super close to the Loudoun County line but you get cheaper taxes. NO HOA ( note: electric baseboard are not in use and can be removed- central heat/ air are in the home. )
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2024 | Listed by Long & Foster Real Estate, Inc. | $395,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017