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3505 TURNER LANE
About This Property
Nestled on a picturesque, tree-lined street, this quintessential farmhouse blends timeless character with modern convenience. From the moment you step onto the welcoming front porch, you'll feel the warmth of a home designed for both comfort and style.
The main level features an airy, light-filled floor plan perfect for hosting. The spacious family room flows seamlessly into a kitchen that serves as the heart of the home, complete with updated finishes. Enjoy memorable gatherings in the formal dining room, featuring elegant finishes that set the stage for everything from holiday feasts to intimate dinner parties.
The upstairs includes three large bedrooms and two full baths. The expansive primary bedroom serves as a true sanctuary, offering ample space for a king-sized suite, a private seating area, walk-in closet, a skylight in the primary bathroom, and abundant natural light.
The quintessential farmhouse aesthetic is complemented by a lush, established neighborhood canopy, creating an inviting atmosphere from the moment you arrive. Enjoy the best of both worlds-the tranquility of a quiet residential block with the vibrancy of the city at your fingertips. Spend your weekends exploring nearby green spaces or enjoying a short stroll to local boutiques and cafes.
Do not miss this extraordinary opportunity to live in a special, quiet, tree-lined neighborhood. This home is close to the weekly organic farmers market, Shepherd Park (playground, large playing field, and tennis court) the Shops at Brookville, the popular restaurant La Ferme, and the highly regarded CCUMC Preschool, which serves as a feeder to the award-winning Chevy Chase public school cluster. Walkability, quiet setting, and eligibility for membership in the popular Chevy Chase Recreation Association Swim & Tennis Club (CCRA).
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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 Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017