11217 RIVER VIEW DR
About This Property
As you approach, the grand wood front door, framed by intricate stonework, sets the stage for the beauty within. Step into the foyer, where a stunning wood staircase greets you, and discover a home filled with custom features and thoughtful design. The main level showcases rich hardwood floors, a beautifully appointed office with custom built-ins, and a great room centered around a striking stone fireplace. The heart of the home is the kitchen, featuring brand-new countertops, an expansive island with a breakfast bar, and ample space for cooking, dining, and gathering. Adjacent to the kitchen is a charming breakfast room, complete with a cozy stone fireplace and sliding doors that lead to the private flagstone patio and porch. A main level powder room, mudroom with a full bath, laundry, and walk-in pantry add convenience to the home. From the mudroom, you also have easy access to the oversized side-loading 3-car garage.
Ascend the breathtaking staircase to the upper level, where a majestic window captures your attention. The primary suite is a true retreat, offering two spacious walk-in closets and a luxurious en suite bathroom with a Jacuzzi tub and separate shower. This level also includes a lovely reading nook/social lounge area, four additional secondary bedrooms, two additional bathrooms, and a well-appointed laundry room with ample storage.
The walkout lower level is a haven of relaxation and entertainment, featuring a newly constructed bedroom suite with an en-suite bathroom, dressing area, and an expansive walk-in closet with access to a covered patio and the private backyard. The lower level also includes a great room, a recreation/game room, a gym with mirrored walls, and extensive storage with an additional washer and dryer. Just beyond the serene backyard, a newly created walking path leads to the river, offering a peaceful retreat.
Recent updates include an oversized parking pad, a new roof, and widened stone walkways. Special features of the home include five gas fireplaces, an underground sprinkler system, an invisible fence, central vac, two hot water heaters, a newer HVAC system, a main-level full bath, a cedar closet, laundry on all three levels, a rough-in elevator shaft, and expansive porches and patios that extend gracefully across the treelined backyard.
This home is a true masterpiece, boasting spectacular curb appeal and exquisite craftsmanship, offering a resort-like setting just minutes from the shops and restaurants of Potomac Village. Don't miss out on this rare opportunity to own a home in the prestigious Marwood community! Enjoy a leisurely walk down tree-lined streets, play fetch with your dog, or kick a soccer ball in the neighborhood's open field.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Price Decreased |
$2,549,000
↓ $146K
(5.4%) | |
| Price Decreased | |||
| Aug 16, 2024 | Listed by Greystone Realty, LLC. | $2,695,000 | |
| Listed by Greystone Realty, LLC. | |||
| Mar 6, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017