11426 GEORGETOWNE DR
About This Property
The family room, featuring a gas fireplace as a focal point, would be perfect for movie night or hosting a football watch party. There is also a large sliding glass door overlooking the patio, providing warm, natural light. Also on this level is an additional half bath and spacious laundry room.
On the upper level are all four bedrooms, the primary suite and three secondary bedrooms. In the owner's retreat, there is a wall of custom cabinetry, a large walk-in closet as well as a large ensuite bathroom with plenty of storage, oversized shower, and soaking tub. A few steps away are the three additional bedrooms that share an updated hall bathroom and two linen closets.
The lowest level offers a large recreational room that can easily be used as a gym, home office or playroom as well as generous storage with four walk-in closets.
The location is unbeatable - less than 2 blocks to Churchill High School - a Blue Ribbon School and Cabin John Village (Giant, Shake Shack, Starbucks, Cava & more) situated about a half mile away. Park Potomac is nearby as well with stores and restaurants like Harris Teeter, King Street Oyster Bar, Gringos & Mariachis and MoCo Founding Farmers. It is a commuter's dream with easy access to I 495, I 270 and Grosvenor-Strathmore Metro Station on the Red line for those commuting in town.
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017