8900 BLUEGATE DRIVE
About This Property
Commuting is simplified because you are 5 minutes from the Vienna Metro. I-66 access is nearby as well. Enjoy the vibrant lifestyle of the Mosaic District, less than 5 minutes away. Whether you frequent the Sunday (and Thursday) Farmer's Market, or the many restaurants and shops in Mosaic, there's always something to enjoy! Safeway, Giant, Lidl, Aldi, H-Mart, Trader Joe's, Amazon Fresh, Harris Teeter and other food shopping are a convenient jaunt from your new home. The small-town vibe of Vienna or the choices at Tysons Mall are easily accessible, too.
The owner hired BPG Inspections to conduct a pre-listing inspection of the home. Please see the results at the house. The items completed were marked DONE – including freshly- painted decks and all trim! Of course, the buyers are welcome to conduct their own inspection, at their expense. Several items convey in AS IS condition (see the list on the Information for Writing Offers page in the Documents section). A house location survey was also uploaded to the Documents section. It is deemed reliable but not guaranteed. The TruPlace measurements of the home's interior show slightly more square footage than the tax records.
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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