3705 TAYLOR ST
About This Property
This beautifully nestled residence is a once-in-a-lifetime opportunity to own a classic Chevy Chase Hallmark home! The elegant renovation & expansion offers plentiful natural light, soaring ceilings and wonderful, inviting spaces throughout. A rare 10,000 sq.ft. private park-like oasis features a professionally landscaped lush backyard complete with a multi-tiered deck, dramatic hardscape and gorgeous spaces for outdoor enjoyment.
Section 3 of The Village of Chevy Chase offers a wonderful lifestyle with neighborhood shopping, farmer's markets, gourmet dining, Gazebo park, neighborhood events and so much more. Norman Rockwell would approve!
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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 |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Oct 8, 2023 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Price Decreased |
$2,150,000
↓ $100K
(4.4%) | |
| Price Decreased | |||
| Jul 20, 2023 | Listed by Long & Foster Real Estate, Inc. | $2,250,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Feb 20, 1997 | Sold | ||
| Sold | |||
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017