3508 CHERRYVALE DRIVE
About This Property
Welcome to this spacious and bright Colonial home located in the desirable Cherryvale Community of Beltsville! Fresh, neutral paint and carpet throughout this beautiful home provide the perfect palette for your personal touch! This lovingly maintained home offers a light filled main level with the perfect flow through the living room, dining room, kitchen and family room. The large living room sits adjacent to the dining room, providing the perfect setting for entertaining family and friends. You'll be welcomed by gleaming marble floors extending from the inviting foyer through the large family room and eat-in kitchen area, featuring gas cooking and stainless steel appliances, including a new dishwasher and exhaust fan. Open the sliding glass door and step onto your sizable deck and fully fenced in back yard...perfect for social gatherings or just plain relaxing! A half bath and entry closet complete the main level. Venture to the upper level where you'll find the perfectly sized primary bedroom with ample walk-in closet space, an en suite full bath with a soaking tub and separate, enclosed shower. This space features a skylight for an extra touch of sophistication and beautiful natural light. Three generously sized bedrooms an a hallway full bath with it's own skylight and separate vanity and water closet areas, complete this level. Head downstairs and you'll find even more living space in this beautiful home! The lower level offers the perfect, inviting space for a movie night, exercise or work...and a cozy fireplace for those chilly nights. A fifth bedroom, full bath and laundry room with ample storage complete this level.
Don't miss this gem! Convenient to shopping, dining and major commuter routes...come see what this friendly community has to offer!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 23, 2024 | Listed by EXP Realty, LLC | $539,900 | |
| Listed by EXP Realty, LLC | |||
| | |||
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MULTIPLE OFFERS RECEIVED - Please submit all offers by 7:00pm, Monday, March 25.
Welcome to this spacious and bright Colonial home located in the desirable Cherryvale Community of Beltsville! Fresh, neutral paint and carpet throughout this beautiful home provide the perfect palette for your personal touch! This lovingly maintained home offers a light filled main level with the perfect flow through the living room, dining room, kitchen and family room. The large living room sits adjacent to the dining room, providing the perfect setting for entertaining family and friends. You'll be welcomed by gleaming marble floors extending from the inviting foyer through the large family room and eat-in kitchen area, featuring gas cooking and stainless steel appliances, including a new dishwasher and exhaust fan. Open the sliding glass door and step onto your sizable deck and fully fenced in back yard...perfect for social gatherings or just plain relaxing! A half bath and entry closet complete the main level. Venture to the upper level where you'll find the perfectly sized primary bedroom with ample walk-in closet space, an en suite full bath with a soaking tub and separate, enclosed shower. This space features a skylight for an extra touch of sophistication and beautiful natural light. Three generously sized bedrooms an a hallway full bath with it's own skylight and separate vanity and water closet areas, complete this level. Head downstairs and you'll find even more living space in this beautiful home! The lower level offers the perfect, inviting space for a movie night, exercise or work...and a cozy fireplace for those chilly nights. A fifth bedroom, full bath and laundry room with ample storage complete this level.
Don't miss this gem! Convenient to shopping, dining and major commuter routes...come see what this friendly community has to offer!
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| Feb 2, 1990 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017