18634 WOODGATE PLACE
About This Property
Upstairs, three generous bedrooms and a large flex space leave room to dream - a playroom, a home gym, or a fifth bedroom, the choice is yours. Downstairs, the daylight walkout lower level was made for gathering: multiple rec zones, a wet bar, a bedroom, full bath, and storage galore keep every occasion covered.
Then there's the outdoors - a spacious deck, pristine patio, outdoor bar, and fire pit set against mature, professionally maintained landscaping, made for long evenings and easy hosting. Add a three-car sideload garage and quality upgrades throughout, and you've got a rare combination of setting, scale, and sophistication - just minutes from Olney's best dining, parks, and everyday conveniences.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$1,499,000
↓ $51K
(3.3%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by RE/MAX Realty Centre, Inc. | $1,550,000 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
| Oct 11, 2023 | Sold | ||
| Sold | |||
| Sep 12, 2023 | In contract | - | |
| In contract | |||
| Aug 31, 2023 | Listed by RE/MAX Realty Centre, Inc. | $1,450,000 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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OFFERS DUE BY MONDAY 9/11 at 2:00 PM! Arguably the nicest homesite in Olney! One-of-a-kind home with multiple unique upgrades nestled on a cul de sac backing to acres of wooded Rock Creek parkland! Gorgeous turn-key home w/ full daylight walkout lower level, a spectacular kitchen featuring stainless appliances and exotic stone tops and a floor-to-ceiling stone gas fireplace. FIRST FLOOR OWNER'S SUITE, and 3 bedrooms upstairs as well as a huge flex room perfect for an additional bedroom, playroom, or large second home-office! Additional features include a main floor oversized office with an adjacent half bath, and a spectacular 2-story great room with a breathtaking upscale elevated wood-burning stove! Gleaming wood floors, sunroom area off the kitchen, Hunter Douglas blinds, underground irrigation system, shed, oversized gutters with covers, 3-car sideload garage with a hard-top lift, outdoor bar, fire pit, hot tub and oversized deck that leads down to a pristine patio! The lower level has a theater/game room, full bath, bedroom, huge rec room, billiards area, TV room, elegant upscale wet bar, and abundant storage/home gym space. Watch the drone video for an eye-popping overhead view of this stunning home! Close to the fields at OBGC, Lone Oak Brewery, the Manor at Silo Falls, and downtown Olney shopping, dining, and parks. Seller offering a $40K credit for any cosmetic changes that are desired.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017