956 WALKER ROAD
About This Property
Despite its tranquil setting, the home is less than a mile from Great Falls shopping centers, the Great Falls Swim & Tennis Club, and the Village Green Day School, offering the perfect balance of privacy and convenience. The expansive property also provides wonderful outdoor space for play, all within the Langley High School pyramid.
Built in 1984, the home was thoughtfully designed by an owner originally from Richmond, Virginia, who wanted the property to reflect the beauty and craftsmanship of the classic colonial homes he grew up with. The residence features oversized brick on all four sides, complemented by Williamsburg-inspired brick detailing above and below the first-floor windows, wide-muntin custom windows and French doors, and elegant crown molding throughout.
Inside, the home offers approximately 3,100 square feet of living space with 4 bedrooms and 2 full + 2 half bathrooms, providing a comfortable and functional layout for everyday living and entertaining. Solid oak hardwood floors span the first and second levels, while the fully finished basement features brick flooring and rich real-wood paneling, adding warmth and character.
The home includes three wood-burning fireplaces located in the den, primary bedroom, and basement-each never used-along with nine-foot ceilings on the main level that enhance the spacious feel. Recessed lighting with dimmer switches is featured in the den, kitchen, hallways, and basement.
A standout feature is the beautiful sunroom with brick floors, accessible from both the kitchen and dining room, offering a bright space to relax while enjoying views of the surrounding property.
Additional highlights include Elfa closet systems with shelving and drawers in three of the four bedrooms, Toto Drake toilets in all bathrooms and a large, deep two-car garage.
Offering privacy, acreage, classic architecture, and an exceptional location, 956 Walker Rd presents a rare opportunity to enjoy the sought-after Great Falls lifestyle with space to live, play, and grow.
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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.
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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About Great Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017