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1387 KIMBLEWICK ROAD
About This Property
The main level includes three bedrooms, a fully renovated hall bath, and a primary suite with a freshly updated en-suite bath. The walk-out lower level adds even more flexibility for office, guest bedroom and more. It has a generous, sunlit fourth bedroom and its own full bath, plus a rec room centered around a wood-burning fireplace that's just as suited to quiet nights in as it is for entertaining. From there, step out to a fully fenced backyard and patio, ready for warm evenings and weekend cookouts. Add the lasting quality of brick construction, and this is a home built to be enjoyed for years to come.
Potomac Woods has a fantastic community feel that brings neighbors together without mandatory HOA rules or fees. Potomac Woods Park, the Potomac Woods Swim & Tennis Club are minutes away, with Lifetime Fitness, Potomac Woods Plaza, Park Potomac, Cabin John, Potomac Village, Pike & Rose, and Rockville Town Center close by. Ideally located with easy access to I-270 and major commuter routes, and just minutes from shopping, dining, parks, community pool, and top-rated schools, this is a rare opportunity you won't want to miss.
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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.
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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 Rockville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017