9113 OCTAVIA CT
About This Property
Located on a beautiful lot surrounded by trees with a screened in porch to enjoy the views of wildlife & nature.
Entertain on your back deck, lower level patio & in your fenced-in backyard.
Enjoy the immaculately landscaped yard with retaining walls full of bright flowers & lush greenery.
Positioned in a desirable place on the street within the cul-de-sac and at the end of a long driveway with a 2-car garage.
Indulge in the renovated chef's gourmet kitchen with stainless steel appliances, granite counters & kitchen table space.
Cozy up next to the wood burning fireplace in the family room with the architectural feature of wood beams.
Other features include main level laundry, half bath, hardwood floors, recessed lighting, brand new Anderson windows throughout the home, a bay window, crown molding, chair railing, a formal dining room & formal living room.
The lower level provides a spacious recreation room with a sliding glass door for exterior access, a den, a full bath, a storage room & storage closets.
The upper level is complete with expansive bedrooms, with sitting room space, walk-in closets & updated bathrooms.
Just steps from Huntsman Lake, minutes from South Run Recreation Center, South Run & Burke Lake Park with endless trails, water sports & entertainment.
Schools: Orange Hunt Elementary, Irving Middle & West Springfield High.
5.5 miles to the Springfield Metro.
Under 12 miles to Ft. Belvoir.
**See the full list of updates in the documents**
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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%.
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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