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353 ALFANDRE MEWS
About This Property
Experience the exceptional lifestyle of Kentlands-an award-winning community celebrated worldwide for its architectural innovation and welcoming, small-town charm. Ideally located with convenient access to Washington, D.C., Bethesda, and major commuter routes like Interstate 270, as well as the Metro, this neighborhood offers both connectivity and character. Residents enjoy an abundance of amenities, including pickleball, tennis, and basketball courts and an outdoor pool, all set among picturesque, tree-lined streets and a lively town center. Everyday conveniences are a short walk away, from Whole Foods Market to a variety of restaurants, a movie theater, fitness studios, parks, and scenic walking and biking trails. Recent Updates: HVAC system 2½ years old, Water heater 1 year old, Roof 3 years old and Electrical panel replaced and surge protector installed.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Price Decreased |
$699,990
↓ $50K
(6.6%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by TTR Sotheby's International Realty | $749,500 | |
| Listed by TTR Sotheby's International Realty | |||
| May 2, 2014 | Sold | ||
| Sold | |||
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017