205 MANNAKEE STREET
About This Property
Set on an elevated lot in the City of Rockville, the home retreats gracefully from the street beneath a canopy of mature trees. A dense bamboo screen wraps the backyard, forming a secluded sanctuary of dappled light and privacy. Echoes of mid-century modernism are present, yet the architecture is distinctly of its own time, centered around a soaring two-story volume that defines the home's living core.
Along the front facade, a luminous wall of opaque insulated glass diffuses daylight throughout the interior, creating a cohesive, tranquil glow without compromising privacy. The main level includes a serene ensuite bedroom that flows into a sunlit den, thoughtfully designed with dual closet niches to accommodate an easy conversion into a third bedroom if desired.
The upper level is devoted to a private primary suite, suspended within the home's open volume and framed by treetop views. Dual walk-in closets and a secluded balcony extend the sense of calm and retreat. The kitchen, a study in functional modernism, features wall-to-wall built-ins and a striking visual connection to the foyer below. It is a generous, light-filled space with a breakfast area and direct access to a large deck that invites outdoor dining and quiet mornings among the trees.
An oversized single-car garage offers impressive height, abundant storage, and direct interior access. Below, a substantial lower level mirrors much of the home's footprint, constructed with poured concrete and more than eight-foot ceilings, fully insulated and ready to finish. Completing this level would add significant living space, bringing the home's total to more than 3,500 square feet of finished area.
Lovingly maintained by the original family, this is a home of rare integrity, a beautifully conceived and enduring modern design, waiting for its next thoughtful steward.
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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.
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About Rockville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017