3707 WOODRIDGE AVE
About This Property
As you step into the living room, you're greeted by the warmth of a lovely wood-burning fireplace with a decorative mantle, perfect for cozy evenings. The dining room is complemented and adorned with an elegant chandelier.
Prepare to be impressed by the designer kitchen, fully remodeled in 2023 with Samsung appliances and a transferable warranty. Revel in the beauty of granite countertops, a stainless steel deep sink, a dual-fuel range (gas stove and electric oven), Kraftmaid cabinets made with real wood, soft-close doors, 2 Lazy Susans, custom inserts, and a super-versatile push drawer for hidden storage. The built-in glass rinser and soap dispenser add a touch of luxury.
The three bedrooms offer functionality and convenience and the lights and ceiling fans are enhanced by Alexa commands. The primary bedroom features an updated USB plug for added versatility. The hall bathroom, a true retreat, has been thoughtfully gutted and renovated, featuring appealing colors, double vanities, a Bluetooth speaker bathroom fan, mirrors with LED mood lights, and a luxurious 32' tub.
The dreamy, sun-drenched walk-out basement hosts a legal fourth bedroom and a full bathroom with a rain shower head. The built-in bar with a wine cooler, and plumbing available for a sink/wet bar, is perfect for entertaining. Recessed lighting enhances the additional living areas, making them versatile spaces for a TV room, game room, or workout space. The TV area is ready with Cat 5. This space offers a seamless blend of comfort and modern convenience.
Step outside to the beautifully landscaped front and backyard. The fenced-in rear yard with a storage shed and a deck completes the package, offering an ideal setting to call home.
The spacious laundry/storage area, featuring a new (2023) laundry sink, side-by-side Samsung W/D, and room for a workbench, along with a walk-in utility closet, provides ample storage opportunities.
An extended driveway ensures parking convenience for multiple cars. Conveniently located near two metro stops including Wheaton and North Bethesda Metro, easy access to shopping, restaurants, and various amenities. You will appreciate the property's proximity to Route 495, Connecticut Ave, and Georgia.
Updates:
Kitchen, Living & Dining Rooms 2023
Landscaping 2023
Bedrooms 2023
Hall Bathroom 2021
Fence/Deck/Retaining Walls- 2019
HVAC 2018
Carpet 2018
Air ducts 2018
W/D 2018
Water softener 2018
Plumbing 2018
Electrical Panel 2018
Basement 2018
Roof 2003
All final permits and before photos are available upon request.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017