9241 NORTHEDGE DRIVE
About This Property
Absolutely Stunning Home! Not your typical colonial prepare to be impressed. Larger than most other homes like it, boasting a two level sunroom/great room/rec room addition which increases the living space by hundreds of square feet. All bathrooms have been updated and remodeled, the kitchen opens up in to the sun/great room has been upgraded with quartz countertops, center island, stainless steel appliances w/ gas cooking, two pantries & hardwood floors ..... more hardwood floors throughout the main level are beautifully refinished .... Plus ..... Vaulted ceilings, 2 fireplaces ,hardwood floors even in the basement, lots of windows ( in the basement too!), all carpet is new , freshly painted, w/o basement with room for a fourth or fifth bedroom and wait until you see the basement sunroom .... Wow! Here is a taste of what to expect $7800 Botticino Italian White Tumbled stone floor, seeing is believing!
...And........ then a .... Beautiful third of an acre lot, with just the right mixture of trees and open space, the deck and stone patio(s) are private and graced by many lovely plants and flowers ... an oasis of rest! Also new roof 2024, new A/C 2025, new washer, dryer, stove, dishwasher all other appliances meticulously maintained. Don't miss the whole house Generac generator .... no concern with power outages.
And it has ......Location-Location-Location....... with easy access to scenic trails connecting Lake Mercer, Huntsman Lake, Burke Lake, and the South Run Rec Center. Nearby attractions include Hidden Pond Nature Center and golf at Laurel Hill or Burke Lake. Conveniently located near Huntsman Square and Springfield Town Center, with easy access to Fairfax County Parkway, I-95/395/495, and Franconia-Springfield Station. Fort Belvoir is under 10 miles away. Served by Sangster Elementary and Lake Braddock Secondary in Fairfax County Public Schools.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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About South Run
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017