9481 ELIHU HILL ROAD
About This Property
The main level showcases timeless hardwood floors and a spacious living room with a bow bay window. A HUGE family room-perfect for gatherings-features a gas fireplace, hardwood flooring, and a ceiling fan, and opens into the formal dining room, which is bright and also equipped with a ceiling fan. The dining room walks out to the rear patio featuring a Portico. Off the family room, you'll also find a cozy sitting area/library.
The remodeled gourmet kitchen is sure to impress with a sunny breakfast area, stainless steel appliances including a refrigerator with bottom freezer, range with canopy hood, dishwasher, microwave, and a deep stainless steel farm sink. Granite countertops and a custom backsplash add the finishing touches. French doors lead out to the deck-perfect for outdoor entertaining.
This home features three fireplaces (gas, wood stove, and insert), multiple ceiling fans, and plenty of recessed lighting, adding charm and comfort throughout. The main level also includes three generous bedrooms filled with natural light, including a primary suite with an en-suite bathroom and an additional updated hall bath.
Downstairs, the full basement offers additional living space with a large recreation/sitting room featuring a cozy wood-burning stove, the 4th bedroom, and a spacious laundry/storage room.
From the basement walkout, access the breezeway leading to an oversized 2-car garage with an unfinished loft-ideal for a future guest apartment, home office, or studio.
Notable updates include:
HVAC (2021)
Hot water heater (2022)
Windows & doors (2018)
Roof (2015)
A rare find that blends modern upgrades with tranquil, country living-just minutes from amenities and major routes. Don't miss your opportunity to own a slice of Virginia paradise!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017