10410 GARY ROAD
About This Property
A wonderful home in coveted Potomac Hills, newly priced to give the next owner the chance to make it the home of their dreams. Set on a beautifully landscaped, secluded two-thirds-acre lot backing to mature trees on a quiet lane, the setting offers a level of privacy, walkability, and beauty that simply cannot be recreated - walking distance to Potomac Village and Potomac Elementary, and within the highly regarded Churchill school cluster.
The main level is open, light-filled, and built for everyday living and easy entertaining: three bedrooms, two full baths, a large dedicated office, and a kitchen-living-dining flow that opens through walls of windows onto a huge rear deck, in-ground pool, and the private year-round backyard. The lower level adds a second living space, an oversized sunroom, a full bath, and a versatile bonus room - flexible square footage for guests, recreation, or work. Two fireplaces lend warmth and mid-century character.
Thoughtful updates include: fresh interior and exterior paint, new HVAC, full attic insulation, a new well tank, and an oversized two-car garage with tons of storage.
The new price offers the opportunity to expand or design the home to match the buyer's specific needs - multiple paths exists, from a lower-level conversion to a main-level reconfiguration to a level-grade front addition. A great home today, with the chance to make it a dream home tomorrow, on a lot and in a location that cannot be replicated.
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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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017