8804 STRAUSE COURT
About This Property
RENOVATED KITCHEN with real wood shaker cabinetry extended to the ceiling with soft-close doors and drawers, wrapped around a 67-inch waterfall island in Calacatta quartz, with the same quartz carried up the backsplash. Frigidaire stainless steel appliances, recessed LED lighting, and warm pendant fixtures overhead.
LIVING & BEDROOMS with a linear electric fireplace built into the living room wall, framed by recessed LED lighting. Bedrooms feature dimmable, color-changing lighting to set the mood room by room.
HIGH END UPGRADES with real wood shaker interior doors, substantial 6-inch baseboards, and 4-inch trim around every door and window. Beautifully updated bathrooms with illuminated anti-fog LED mirrors, glass shower enclosures, custom tiling and matte black fixtures.
MAJOR SYSTEMS with a brand new roof.
OUTDOOR LOT with a fully fenced backyard for privacy and pets, established landscaping, mature trees, a stone garden path, and a storage shed. Brick paver driveway leading to an attached 1-car garage plus additional driveway parking. Covered front porch. Peaceful cul-de-sac location with minimal through traffic.
This retreat setting is just minutes from Springfield Town Center, Franconia-Springfield Metro, Fort Belvoir, Kingstowne Center, South Run Rec Center, and I-95/I-395/I-495 for easy commutes to D.C., the Pentagon, schools, Accotink Park and a large array of dining and shopping locations to choose from.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017