3500 CHAIN BRIDGE RD
About This Property
Situated in the heart of a lush park, this home exudes unparalleled craftsmanship across two levels, overseen by the renowned Adams Architect in Alexandria. Boasting 4 bedrooms and 3.5 baths, the property offers an entertainer's dream on the main level, featuring a gourmet kitchen with a center island adorned with premium appliances. The formal dining and living room are ample to accommodate large parties, or transport yourself to the family room and dining room for more intimate gatherings by the fireplace. Enjoy the first-floor primary suite with ample walk in closet followed by a large primary bath. The second floor harbors 3 bedrooms and 2 fully renovated bathrooms and walk in closets. The third floor features two large rooms that could be easily transformed into 2 additional bedrooms, making the house a 6 bedroom total. One of my favorite touches is the attention to detail when redoing the roof, from the fishscale tiles on the Tourette to the identical replica of the spear. Be ready to fall in love with this majestic, one-of-a-kind historic property, where you can step out to the terrace and fenced yard to observe the numerous birds, native plants, and trees. Don't miss out on the opportunity of a lifetime to acquire a property that rarely goes for sale.
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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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Compass | $1,800,000 | |
| Listed by Compass | |||
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About Fairfax
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017