9107 JOYCE PHILLIP COURT
About This Property
Recent improvements include all new windows by Thompson Creek, new upgraded siding to top of the line Hardie Plank, all new gutters, a new AC system and water heater, a roof less than 10 years old, and a beautifully renovated kitchen completed in 2021. Bright and inviting, the floor plan provides space to gather, entertain, or work from home, with a seamless flow designed for modern living. The property balances privacy and convenience, on a cul-de-sac with a one-car garage and an expanded driveway pad that accommodates 3–4 cars off-street. The backyard is a true retreat with both a large deck and a lower deck-perfect for outdoor dining, entertaining, or simply unwinding.
Residents enjoy the best of community living, with Orange Hunt Elementary just a short stroll away, three local swim and tennis clubs, nearby parks, lakes, recreation centers, and public libraries. This home is also a commuter's dream-just minutes to I-395, I-495, Springfield Metro at Springfield Town Center, and the VRE. Direct routes connect you easily to the Pentagon, downtown Washington, D.C., and Fort Belvoir in as little as 20 minutes. Top-rated schools, nearby shopping, dining, and entertainment complete the picture. Warm and well-maintained, this home presents a rare opportunity to own an exceptional property in one of Northern Virginia's most desirable neighborhoods.
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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