1402 GOWER COURT
About This Property
The main level features an open Kitchen, a bright Living Room with a bay window, a Dining Room perfect for gatherings, and a BONUS Family Room (unlike other similar models) with a cozy wood-burning fireplace. The Owner's Suite comes with an updated Bathroom, and there are 2 additional large Bedrooms and a renovated full Bathroom.
The lower level offers a versatile large Rec Room with a 2nd wood-burning fireplace, providing endless possibilities. Step outside to a large Patio and fenced flat backyard. There's also a 4th Bedroom and a renovated 3rd full Bath, making it ideal for overnight guests. Additionally, the 5th Bedroom can serve as a home office or gym. The spacious laundry room includes shelving, a utility sink, and room for a second fridge, with access to the back patio.
Enjoy outdoor entertaining on the patio, or simply relax on the upper deck. You'll love the privacy this backyard provides without neighbors looking back at you. And the flat backyard is perfect for pets, play, gardening, entertaining. The oversized 2-car garage offers ample storage space, while street parking is convenient for guests.
This fantastic home is part of the McLean Hamlet community, known for its tree-lined streets, sidewalks, and street lights, making it ideal for walks, biking, and getting to know your neighbors. An optional membership to the McLean Hamlet Swim & Tennis Club provides access to a range of activities for all ages. The home is conveniently located, with easy access to major routes, Spring Hill Elementary, Rec Center, Silver Line Metro, and Tysons Corner Center.
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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 27, 2023 | Sold | ||
| Sold | |||
| Dec 3, 2023 | Price Decreased |
$1,150,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Dec 3, 2023 | In contract | - | |
| In contract | |||
| Nov 14, 2023 | Relisted | $1,199,900 | |
| Relisted | |||
| Nov 12, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017