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1809 PARKSIDE DRIVE NW
About This Property
This stunning home offers an abundance of natural light. The views of Rock Creek Park from the front of the home are extraordinary. This Stately White Brick Home has been impeccably maintained both on the Exterior and on the Interior. In the 90's an addition was put on the home allowing for five very spacious bedrooms on the Second Level and an expansive Kitchen and family room on the Main Level where many can comfortably gather. The window seat at the end of the room and the built in shelving are but a few of special touches in this special room. The Floor Plan on the Second floor is unique in that it allows for privacy for your guests or family members. There are three full baths on the second level. The home also has a very large attic for storage.
The home has three wood burning fireplaces. One on each level. The lower level has an In-law suite with a full bath, a sitting room with built-ins and a large laundry room. The oversized garage is attached to the home with an exit from the lower level. The Home has a Whole House Generator as well.
The Back Yard is sensational with it magnificent flagstone patio, intricate landscaping, a glass and metal SPA with a Hot Tub, a Pergola to gather with friends and a Putting Green so you can work on improving your Golf game. You must see photos to appreciate the style and condition.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Sep 24, 2023 | In contract | - | |
| In contract | |||
| Jul 21, 2023 | Listed by Weichert, REALTORS | $1,995,000 | |
| Listed by Weichert, REALTORS | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017