9016 KIGER STREET
About This Property
The home's expansive family room with soaring 11' ceilings and a gas fireplace is located just off the kitchen. A second set of French doors open to a covered porch with outdoor lighting, a ceiling fan, and a built-in TV that conveys, perfect for movie nights or watching your favorite sports. The fully fenced backyard has mature trees, beautiful plantings, and a built-in sprinkler system.
The home's four bedrooms and two full baths are located on the upper level, including the spacious owner's suite with vaulted ceilings, a large walk-in closet, and renovated ensuite bath with dual vanities, a walk-in shower, and a soaking tub.
The home's finished lower level is the perfect casual hang-out space designed with fun in mind. Watch a movie, practice music, or play a game of pool in this multi-purpose area. (The pool table and piano can convey if desired.) The home's third full bathroom is on the lower level and the fifth room can be used as an additional bedroom or second home office. The basement also includes an unfinished storage room perfectly suited to all your storage needs.
Tranquil and private, yet close to many amenities including shopping centers, grocery stores, restaurants, parks, walking and bike trails, rec centers, the Occoquan Historic District, and Laurel Hill Golf Course. Easy access to I-95, the Fairfax County Parkway, VRE, AMTRAK, Metro, sluglines, and bus service. Easy commute to Fort Belvoir, Quantico, Crystal City, The Pentagon, Pentagon City, and Amazon Headquarters/National Landing.
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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