3410 SHEPHERD STREET
About This Property
The main level invites warmth with an inviting formal living room featuring a wood-burning fireplace, as well as access to a side study with views of an outdoor fountain. A second covered front entrance opens onto a butler's pantry with wet bar and beyond to the state-of-the-art kitchen, creating excellent flow. The heart of the home is the generously-sized family room drenched in natural light with gorgeous, unique windows. There is a gas fireplace and access to a lovely brick patio and terrace, which overlook the expansive, manicured, beautifully tiered backyard, complete with a fence and storage shed. A lovely powder room, as well as a main-level bedroom (or office/den) with a full ensuite bath offers flexible separate space for guests, working from home, or a quiet retreat. All ideal spaces for everyday living and gatherings, as well as grand entertaining.
Upstairs are two bedrooms, each with full ensuite baths, including the primary suite with a walk-in closet and built-in wardrobes and dressers. There is a floored attic above for ample storage. The lower level features a recreation room, laundry, and more storage. Private parking with an attached driveway.
Mere steps to the local park, Brookville Market, and La Ferme restaurant, 3410 Shepherd Street is sited in one of Chevy Chase's most cherished communities-where tree-lined streets, timeless architecture, weekend strolls to Avalon Cinema or Rock Creek Park, and a close-knit feel define daily life.
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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.
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017