1007 LA GRANDE ROAD
About This Property
One of those 3 bedrooms includes a large walk-in closet and the hall full bath serves guests and family alike. The generous primary suite features an ensuite bath, walk-in closet, and a dedicated dressing area. The lower level offers even more space to unwind or entertain, with a second set of floating stairs leading to a versatile recreation room. Highlights include a kitchenette, a second wood-burning fireplace, full height windows, a sliding door to the rear yard and a built-in bar with generous seating and shelving/storage for bottles and glassware. A powder room, laundry/utility room, and walk-up exit complete this level. As an added advantage, the home features a whole house 20KW natural gas generator in case of power outages. This home is wonderfully located within minutes of the elementary and middle schools, the neighborhood swimming pool, and just across New Hampshire Ave to the FDA campus. It is also a commuter's delight with a Ride-On bus service to the Silver Spring Metro just three doors down and is an approx. 30-minute drive to downtown Washington, D.C. or Northern Virginia, and less than a 20-minute drive to Bethesda, College Park, Columbia, and Rockville.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Price Decreased |
$598,000
↓ $87K
(12.7%) | |
| Price Decreased | |||
| May 24, 2025 | Listed by Long & Foster Real Estate, Inc. | $685,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About White Oak
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$3,450 /mo
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- 2 Baths
- 2,110 ft²
$4,000 /mo
- 6 Beds
- 3 Baths
- 2,668 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017