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13004 CHESTNUT OAK DRIVE
About This Property
Extensive upgrades make this home truly move-in ready, including a fully remodeled kitchen completed in 2024 with custom cabinetry, stone countertops, stainless steel appliances, and updated finishes throughout. Additional improvements include a new roof, new siding, renovated lower-level bath, upgraded 200-amp electrical service, new heat pump, new oil furnace, updated appliances, and recent connection to public water. More than half of the windows have also been replaced.
Inside, the home offers approximately 3,900 square feet with 5 bedrooms and 3 full baths across a functional and versatile layout. The main level includes 4 bedrooms, 2 full baths, spacious formal living and dining areas, an eat-in kitchen, ceramic tile, and hardwood flooring. The primary suite features a walk-in closet and private bath, while the walkout lower level provides additional living space along with a private bedroom and bath setup ideal for guests, extended family, or home office needs.
Set back from the road and surrounded by mature landscaping, the property features beautifully designed outdoor living spaces including stone walkways, terraced gardens, a patio, and a charming gazebo tucked into the fully-fenced rear yard.
Additional highlights include central air conditioning, an oversized 2-car garage with ample storage or workshop potential, large main level laundry/mud room. Located in a quiet no-HOA setting with convenient access to shopping, schools, hospitals, commuter routes, Frederick, Washington, D.C., and the MARC train station just minutes away, this property offers a rare combination of privacy, size, and modern updates.
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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%.
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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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About Darnestown
Similar Homes for Sale
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$2,600 /mo
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$6,950 /mo
- 5 Beds
- 5 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017