$875,000
●
House -
Off Market
2303 CHILHAM PLACE
POTOMAC, MD 20854
4 Beds
3 Baths,
1
Half Bath
2,500 Ft²
$5,353
Est. Monthly
4.02%
Cap Rate
About This Property
STUNNING colonial in the heart of Potomac Woods! This beautifully
updated 4BR, 3.5BA home sits on a .39-acre lot with no HOA and
feeds into the top-rated Richard Montgomery High School. Step
inside to find gleaming hardwood floors on the main and upper
levels, a sun-filled living room, formal dining, family room, and a
granite kitchen with gas cooking and stainless appliances.
Enjoy year-round entertaining with a screened-in porch, second-floor balcony, and a spacious fenced-in backyard. The sunroom addition offers even more space to relax. The fully finished walk-up basement features tile floors, a full bath, a rec room, and a home office.
Major updates: HVAC (2025), water heater (2025), fresh paint throughout, and roof (approx. 2010). Quick access to I-270, I-495, NIH, Walter Reed, downtown Bethesda, the new Marriott HQ, Park Potomac, and Pike & Rose.
Minutes to trails, parks, top dining, shopping, and Potomac Woods Swim & Tennis Club. This one checks all the boxes-move fast!
Enjoy year-round entertaining with a screened-in porch, second-floor balcony, and a spacious fenced-in backyard. The sunroom addition offers even more space to relax. The fully finished walk-up basement features tile floors, a full bath, a rec room, and a home office.
Major updates: HVAC (2025), water heater (2025), fresh paint throughout, and roof (approx. 2010). Quick access to I-270, I-495, NIH, Walter Reed, downtown Bethesda, the new Marriott HQ, Park Potomac, and Pike & Rose.
Minutes to trails, parks, top dining, shopping, and Potomac Woods Swim & Tennis Club. This one checks all the boxes-move fast!
Unit Size
2,500 Ft²
Days on Market
11 days
Land Size
0.39 acres
Price per sqft
$367
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
1963
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #MDMC2167686)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Price Decreased |
$917,000
↓ $23K
(2.5%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $940,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Apr 15, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Rockville
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Listed by: Marc M Cormier
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDMC2167686
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDMC2167686
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