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1339 MAIN STREET
About This Property
The main level showcases stunning solid white oak hardwood floors (installed in 2022), a gracious Living Room with crown molding, and an elegant Dining Room featuring crown molding, chair rail, and wainscoting-perfect for entertaining. The gourmet kitchen is a true centerpiece, boasting a large center island, white Euro-style 42" cabinetry, granite countertops, upgraded stainless steel appliances including a convection double wall oven, an eating bar, Butler's Pantry, and a spacious breakfast area. The adjoining Family Room is filled with natural light from expansive windows and features a cozy gas fireplace. A private main level office with custom built-ins, a well-appointed laundry room with added shelving, and a stylish powder room complete this level. Step outside to a lovely deck with stairs leading to a patio-ideal for indoor-outdoor living.
Upstairs, the home features four generously sized bedrooms, including a private ensuite bedroom, along with three full baths. The luxurious Primary Suite is a true retreat, offering two walk-in closets-one with custom shelving that can easily convert back to a sitting room-and a spectacular, fully remodeled spa-like bath with a double vanity, soaking tub, and an oversized walk-in shower.
The walkout lower level is designed for both relaxation and entertainment, offering a spacious recreation room with recessed lighting, a stunning home theater with beverage center and wall sconces, a large fifth bedroom, and a beautifully remodeled full bath with walk-in shower. There is also an unfinished area providing excellent storage space.
Additional highlights include beautifully updated bathrooms throughout, replaced fixtures, shutters on most windows, a detached two-car garage, and a roof replaced in 2023.
Truly a masterpiece combining luxury, comfort, and an exceptional Lakelands location.
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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.
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017