11233 FALL RIVER CT
About This Property
As you approach the home on the quiet cul-de-sac, you'll immediately be drawn in by its charm and inviting presence. The property sits on a generous 1/3 of an acre lot, back to wooded area.
Spanning three levels, the house boasts over 5,000 square feet of living space, offering plenty of room for a comfortable lifestyle. With a total of 5 bedrooms and 4.5 bathrooms, there's ample space for a large family or guests.
The main level of the house features an office with wood paneling, making it an ideal space for those who work from home. Additionally, there's a convenient powder room on this level. The large family room with a stone fireplace opens up to the backyard slate stone patio, creating a perfect blend of indoor and outdoor living.
The formal living room and dining room have been upgraded with crown moldings and chair railings, adding an elegant touch to the space. The kitchen has been newly renovated. The adjacent breakfast area features a beautiful Tiffany lamp, seamlessly combining old-world charm with modern amenities to create a delightful ambiance for cooking and dining.
Moving to the upper level, you'll find five well-appointed bedrooms, three full bathrooms, and a conveniently located laundry room. The primary bedroom suite is connected to a bedroom that could serve as a nursery, dressing room, or additional home office. The master bathroom features an elegant step-up design, complete with a large double vanity and an oversized recessed soaking tub with a shower. The three additional bedrooms on this level are spacious, and two more full bathrooms complete the floor plan.
The lower level of the home is fully finished and offers versatile spaces for recreation, play, games, exercise, or relaxation. It includes a built-in electrical fireplace, a trendy full bathroom and a modern wet bar, making it an excellent option for an in-law suite or accommodating multi-generational living. There are plenty storage spaces on this level. A separate entrance next to the garage enhances the privacy and convenience of this property. The walls and floors of the oversized two-car garage can easily park 4 sports cars. It just have been freshly painted to give it a new look.
For nature enthusiasts and active residents, the property backs to green space and offers access to a path leading to the nearby Potomac Community Center, tennis courts, and Falls Road Golf Course, providing endless opportunities for family fun and outdoor activities.
The location is ideal, being only minutes away from Potomac Village, Cabin John Shopping Center, Montgomery Mall, Great Falls National Park and the interstate corridor, offering easy access to various amenities and transportation.
In summary, this sophisticated and high-quality home is sure to delight discerning buyers seeking a spacious, comfortable, and well-appointed living space in the heart of Potomac's desirable Pine Knolls neighborhood. For more information on Pine Knolls, please go to "Neighborhood Scout" website and search for Pine Knolls in Potomac, MD.
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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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2023 | Price Decreased |
$1,385,000
↓ $15K
(1.1%) | |
| Price Decreased | |||
| Oct 21, 2023 | In contract | - | |
| In contract | |||
| Aug 4, 2023 | Listed by Samson Properties | $1,399,900 | |
| Listed by Samson Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017