16702 GOOSENECK TERRACE
About This Property
Welcome to this beautifully appointed Colonial home in the highly sought-after Brooke Manor community. Designed for both comfort and sophistication, this residence offers the perfect blend of style, functionality, and modern living.
Step into a grand two-story foyer that opens to a bright, expansive floor plan filled with natural light. The main level features gleaming hardwood floors, vaulted ceilings, and recessed lighting throughout. A private library/home office provides a quiet retreat for work or study. The all-new gourmet kitchen is a chef's dream, featuring elegant cabinetry, quartz countertops, a custom backsplash, stainless steel appliances, and a premium ZLINE gas range. The kitchen opens to a sunken family room accented by decorative hardwood inlays, a cozy fireplace, and direct access to a large screened porch and two rear decks overlooking a serene, tree-lined backyard - perfect for relaxing or entertaining. A formal dining room, a full bath, and a convenient main-level laundry room complete this level.
Upstairs, the luxurious primary suite offers a peaceful escape with a comfortable sitting area, dual closets, and a beautifully updated spa-inspired bathroom with a dual-sink vanity. Three additional spacious bedrooms and an updated hall bath complete the upper level.
The fully finished walkout basement extends your living space, featuring luxury vinyl flooring, a large recreation room, a second full kitchen, a fifth bedroom with a sitting area, and an additional den or gym - ideal for guests, extended family, or entertaining.
Every detail of this home has been thoughtfully finished, including crown molding, chair rail accents, and hardwood flooring on both the main and upper levels. Freshly painted throughout with new windows and new doors, this home is move-in ready. The two-car garage with new doors provides convenience and ample storage.
Perfectly located in Olney, just minutes from shopping, restaurants, parks, golf courses, and top-rated schools, with easy access to ICC-200 and Georgia Avenue. Only a short drive to Rockville Town Center and beyond!
Don't miss this rare opportunity to own a beautifully updated home in one of Olney's most desirable communities!
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Price Decreased |
$999,999
↓ $30K
(2.9%) | |
| Price Decreased | |||
| Nov 28, 2025 | Price Decreased |
$1,030,000
↓ $20K
(1.9%) | |
| Price Decreased | |||
| Oct 28, 2025 | Listed by Samson Properties | $1,050,000 | |
| Listed by Samson Properties | |||
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About Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017