11016 SEVEN HILL LN
About This Property
This exceptionally rare midcentury modern contemporary boasts amazing tree-top views over the scenic wooded valley while enjoying abundant natural light at every turn. The residence's floor plan is wonderfully expansive with generously sized rooms for today's lifestyle. Enjoy the outdoor deck and screened-in porch for the best of indoor & outdoor living!
There are five beautiful, spacious bedrooms for the perfect combination of comfort and style.
Enjoy the expansive lower level with a recreation room or a highly desirable office space featuring a wall of windows with wooded views, an additional bedroom (bedroom #5), and a cavernous storage area! There is also great potential to restore the lower-level bathroom.
Two off-street parking areas.
The property is so close & convenient to the newly renovated Cabin John Mall. There's endless year-round enjoyment for everyone at Cabin John Regional Park. The location is also within the award-winning Winston Churchill High School Cluster.
Voluntary neighborhood civic association at $125/ year. Lower level bathroom "as-is".
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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Relisted | $995,000 | |
| Relisted | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Long & Foster Real Estate, Inc. | $995,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017