8902 CAMFIELD DRIVE
About This Property
Upon entering the home, you're greeted by soaring ceilings, hardwood floors, and a large living room with exposed beams, a gas fireplace, and a wall of windows to let natural light in. A separate dining room is located off of the living room and leads into the renovated galley kitchen, complete with marble counters, a hand-crafted backsplash, soft close cabinetry, a custom pantry, new large-format tile floors, and GE Profile appliances. The main level also features a conveniently located half bath and an expansive playroom/sun room with a built-in banquette, built-in shelves and storage, exposed beams, and French doors leading to the home's deck and backyard.
Upstairs you'll find three of the home's bedrooms, including the primary suite with a beautifully renovated en-suite bathroom. A full bathroom off the hallway and a large linen closet round out this level.
The lower level features a cozy family room with brand-new carpeting and a cast iron electric stove, a space made for movie nights. Just beyond is the home's fourth bedroom (perfect for guests or a home office), a second, recently renovated half bathroom, and utility space with a full-size washer and dryer, storage space, and additional access to the back yard. The home also features more than 600 square feet of unfinished basement space perfect for all your storage needs or a great spot for your home gym.
The home is perfectly situated for recreational activities. It's close to Fort Hunt Park, the Potomac River, and George Washington's Mount Vernon Estate and only three blocks from the GW Parkway bike path/walking trail. In addition, the new owners have a first right of refusal for a Stratford Recreation Association membership (pool and tennis courts; summer parties; swim, tennis, and dive teams for children).
The home is located just 10 miles to Ronald Reagan National Airport, and convenient to Fort Belvoir, the George Washington Memorial Parkway, and only 300 steps to the 11Y bus, taking commuters to downtown DC.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Corcoran McEnearney | $829,900 | |
| Listed by Corcoran McEnearney | |||
| Oct 20, 2019 | No longer available | - | |
| No longer available | |||
| May 17, 2019 | Sold | ||
| Sold | |||
| Apr 11, 2019 | Listed by Corcoran McEnearney | $599,900 | |
| Listed by Corcoran McEnearney | |||
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About Fort Hunt
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017