2 STEVENAGE CIR
About This Property
The handsome 2 Stevenage Circle offers the perfect blend of peaceful surroundings and urban accessibility. Nestled on a quiet cul-de-sac, this 4/5 BR, 2.5 BA home enjoys 3,000 +/- square feet across three levels. The first floor features excellent flow: a center-hall foyer opening onto both the formal living and dining rooms, an eat-in kitchen connecting to the spacious family room with beamed ceilings, a fireplace, and access to the rear patio and beyond to the lush backyard. A main floor powder room, attached one-car garage, and first-floor laundry/mudroom make life easy to manage.
Upstairs, the primary bedroom has a sitting room (or convert back to 5th bedroom), an en suite bath with dual sinks, as well as a walk-in closet. There are three additional bedrooms, a renovated hall bath, and an attic above for ample storage. The lower level was recently refreshed, providing a massic recreation room and plenty of storage space.
2 Stevenage Circle presents a wonderful opportunity for a unique blend of tranquil living with easy access to the many shops and restaurants that Pike and Rose, downtown Bethesda, Wildwood Shopping Center, and Montgomery Mall have to offer. Nearby NIH and Walter Reed National Military Medical Center-all alongside endless recreational opportunities. Bayard Rustin, Julius West, and Richard Montgomery schools serve the community.
New Mark Commons in Rockville, MD, is a renowned mid-century modern community designed by Edmund Bennett. Its 384 homes-featuring clean lines, large windows, and open floor plans-blend seamlessly with natural surroundings. The neighborhood's design prioritizes open spaces, and includes a 4.5-acre lake, walking paths, a clubhouse, pool, and tennis courts. Recently listed on the National Register of Historic Places, New Mark is lauded for its unique mix of townhouses and detached homes that preserve the natural landscape. Residents are drawn to its top-rated schools and convenient access to Rockville's urban amenities. With a tight-knit, community-focused atmosphere, New Mark Commons offers modern living with storied charm. Welcome home!
Some photos are virtually staged to show the potential of this amazing property.
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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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Oct 4, 2024 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Sep 13, 2024 | Listed by Compass | $850,000 | |
| Listed by Compass | |||
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About Rockville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017