10029 SORREL AVE
About This Property
As you step inside, the open floor plan immediately impresses with soaring ceilings and newly refinished hardwood floors. The main entrance opens to a dramatic two-story marble foyer, illuminated by four expansive skylights and a stunning modern staircase. The sun-drenched living room, with its floor-to-ceiling windows, features a luxurious lounge area complete with a fireplace.
The updated eat-in kitchen is a chef's dream, featuring a center island, pantry, and an abundance of cabinets. The elegant dining room includes a wet bar alcove, perfect for entertaining. Gather around the brick fireplace in the inviting family room, which also boasts floor-to-ceiling windows and opens onto a spacious deck. This level also includes a home office, powder room, and a large laundry room and a second rear staircase to the upper level.
Upstairs, the primary bedroom suite is a true retreat, featuring two expansive walk-in closets and an en-suite bath with a separate tub and shower, double vanity, and private commode area. Bedroom two includes a walk-in closet, an additional closet, and a renovated en-suite bathroom. Bedrooms three and four share a double sink bathroom, and the upstairs hall concludes with a study area/lounge nook overlooking the kitchen.
The enormous finished basement is designed for versatility and entertainment, showcasing a playroom, full bath, office/study/gym, entertainment room, pool table area, walls of closets, and a huge storage area with a workbench. This floor's exterior door opens onto a stone patio, hot tub, and a firepit overlooking a gorgeous yard. The garage includes an electric car charger.
The level, cleared, grass lot is perfect for adding a pool, sports court, or tennis court. Perfectly located near Potomac Village's shops and restaurants, this home offers easy access to downtown DC, Bethesda, and area airports.
Experience the epitome of sophisticated living at 10029 Sorrel Avenue. Schedule your private tour today!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017