3709 SHEPHERD STREET
About This Property
On the second level, you'll find three bedrooms , one full bath and one 1/2 bath. The primary bedroom has 3 closets.
The top level is a perfect bonus space to be used as a playroom, office space or bunk room.
The large unfinished basement is a blank slate, awaiting your thoughtful renovation, contains laundry and a quarter bath - great potential! Driveway parking for 2+ cars. New Roof in 2020. AS -IS sale.
Close to the organic farmers market, the shops at Brookville and the popular restaurant La Ferme , section 3 dog park playground and CCUMC preschool.
Section 3 is known for its strong community and assortment of fun neighborhood events, including holiday parties, food, truck & movie nights, and family festivals.
Rosemary Hills, Chevy Chase Elementary, Silver Creek Middle School, Bethesda Chevy Chase High School school district.
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$1,175,000
↓ $100K
(7.8%) | |
| Price Decreased | |||
| May 15, 2025 | Listed by TTR Sotheby's International Realty | $1,275,000 | |
| Listed by TTR Sotheby's International Realty | |||
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017