9204 ASHMEADE DRIVE
About This Property
Inside, you are welcomed by a bright and open layout featuring beautiful hardwood floors throughout, creating a warm and inviting atmosphere. From the foyer, a short staircase leads to the bedroom level. The primary suite features its own private bath and direct access to a private deck, an ideal spot to enjoy your morning coffee while overlooking the peaceful backyard. Three additional generously sized bedrooms share a tastefully updated hall bathroom.
The main level offers a spacious and functional layout perfect for both everyday living and entertaining. The updated kitchen features stainless steel appliances and ample space for dining and gathering with family and friends.
Just a few steps down, the family room provides a cozy retreat with a gas fireplace, brick accent wall, and built-in shelving for additional storage. This level also includes a legal fifth bedroom, a convenient half bath, and a large laundry and storage area.
The finished lower-level bonus space offers a versatile recreation room with recessed lighting, perfect for a playroom, home gym, media room, or additional living space.
Additional storage is available in the attached garage and backyard shed. The recently replaced garage door includes an EV charger, a storage closet, and convenient backyard access.
Enjoy a prime location close to shopping centers, a wide variety of restaurants, and highly rated schools including Woodson High School, Frost Middle School, and Little Run Elementary. Commuting is convenient with easy access to Metro bus routes, I-495, I-395, and Route 236, making travel throughout Northern Virginia and into D.C. simple. This is a wonderful opportunity to own a home in one of Fairfax's most desirable and well-established 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