Factor in cap rate analysis, financing, common charges
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Price History
Amenities
Neighborhood
$516,000
●
Townhouse -
Off Market
FAIRFAX, VA
3 Beds
3 Baths,
1
Half Bath
1,496 Ft²
$532,882
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Bright and Spacious! Three bedroom, two full and one half bath, end
unit townhome in Glen Cove. Main level with breakfast room and
updated kitchen with stainless steel appliances and granite
countertops. Large dining / living room with wood burning
fireplace. Primary bedroom with ensuite updated bath and two
additional bedrooms on upper level. Lower level recreation room
with wood burning fireplace and sliding glass doors to private,
fenced in rear patio. Two assigned parking spots. Community
pool membership available. Minutes to Royal Lake Park, a 46-acre
park w/ hiking, basketball, tennis, picnic areas, playground, &
music events! Near Fairfax County Parkway, 495 and Rt 50. 1.5
miles to Burke Centre VRE. Conveniently located near shopping,
schools, GMU, restaurants.
Unit Size
1,496 Ft²
Days on Market
13 days
Land Size
0.05 acres
Price per sqft
$341
Property Type
Townhouse
Property Taxes
$483
HOA Dues
$275
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Management, Trash
HOA/Condo/Coop Amenities: Common Grounds, Pool Mem Avail, Reserved/Assigned Parking
HOA Fee: $275
HOA Fee Frequency: Quarterly
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