1016 MANDARIN DRIVE
About This Property
As you enter through the two-story foyer, you'll discover a seamless flow from a generous formal living room to a spacious dining room, leading to a gourmet kitchen. The renovated kitchen boasts abundant storage with ample painted cabinetry, a large center island, and a pantry. It's beautifully finished with quartzite countertops, glass-tiled backsplash, designer cabinet hardware, under-counter lighting, and modern KitchenAid appliances. The kitchen opens up to a roomy family room with a well maintained brick gas fireplace, overlooking the backyard and providing direct access to the expansive deck. This level also includes a powder room and a mudroom with front-loading laundry space and access to the two-car garage.
Upstairs, the hardwood floors continue, enhancing the allure of the primary suite, which serves as a true retreat with space for a California king-size bed, various furniture pieces, and a seating area. The spa-like renovated bathroom features dual sinks, a soaking tub, and a large, separate shower. A custom walk-in closet maximizes storage space. Additionally, there are three other spacious bedrooms on this floor and a convenient linen closet.
The walkout lower level features new LVP flooring, providing a modern and functional space that can be used as a recreation room, game room, movie room, or configured as a fifth bedroom. This level also includes a modern full bathroom and two large storage rooms housing the updated hot-water heater and HVAC replacements in 2023.
Externally, the home is clad in newer siding and topped with a newer roof installed in 2017, offering a maintenance-free and stylish appearance. Recent solar panel installation add efficiency and environmental consciousness.
Ideally located with easy access to I-495, Rt. 50, and Rt. 3/301, and just 17 minutes from the DC line, this home is surrounded by shopping, dining, parks, and fitness centers, with a short drive to National Harbor, Washington, DC, Baltimore, and multiple Metro stations. Experience the perfect blend of style, space, and convenience in this remarkable home. Come see for yourself and imagine your new reality.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Price Decreased |
$649,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed by Compass | $660,000 | |
| Listed by Compass | |||
| Feb 13, 2025 | Price Decreased |
$680,000
↓ $17K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017