10509 DEMOCRACY LN
About This Property
The natural light-filled upper level features a luxurious primary retreat with a sitting room, two walk-in closets, vaulted ceilings, and a recently renovated spacious spa-like ensuite bathroom. Three more nicely sized additional bedrooms and two full bathrooms, one ensuite, round out the upper level.
The lower level offers even more living space with an additional bedroom, full bathroom, office space, recreation room with a wood burning fireplace, generous laundry room as well as a storage room. The attached two-car garage has additional storage space along with an electric vehicle charger. Additional guest parking for four cars. Enjoy this tranquil setting on the wraparound porch or the rear deck, open to the professionally landscaped yard, private and low maintenance with an inground sprinkler system.
Conveniently located near Cabin John Mall, Cabin John Park & Ice-Skating Rink, Montgomery Mall, and an abundance of swim, tennis, and recreational parks, giving residents easy access to a variety of amenities. Bells Mill ES, Cabin John MS, and blue-ribbon Churchill High School serve the neighborhood. This property offers a perfect combination of elegance, functionality, and convenience, making it a truly turn-key home. Welcome home!
* Please note: this property is on Democracy Lane, not Boulevard. *
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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.
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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