3800 QUEEN MARY DRIVE
About This Property
The backyard is equally impressive, offering a fully fenced, level yard ideal for both entertaining and relaxation. A spacious patio provides the perfect setting for outdoor dining, while six cherry blossom trees, beautifully landscaped garden beds framed with river rock, dedicated planting areas, and playground equipment create a private outdoor retreat to enjoy throughout the seasons. The main level also includes a formal living room with a wood-burning fireplace, an elegant dining room, a private office with French doors and access from both the living room and hallway, and a conveniently located powder room. Upstairs, hardwood flooring continues throughout. The primary suite serves as a relaxing retreat, complete with a walk-in closet and a beautifully updated ensuite bath featuring a Jacuzzi soaking tub, dual vanity, bidet, walk-in shower, recessed lighting, and built-in cabinetry. A second bedroom suite offers its own ensuite bath, walk-in closet, and an adjoining bonus room ideal for a nursery, sitting room, home office, or exercise space. An additional bedroom, full hall bath, and linen closet complete the upper level. The finished lower level provides outstanding flexibility with expansive recreation space, a fourth bedroom, a full bathroom, and rough-ins for a future kitchenette with water and gas connections-ideal for guests, multigenerational living, or extended stays. A finished storage room connects to the utility area with the washer and dryer, providing exceptional storage and organization. Completing the home is an oversized two-car garage with built-in cabinetry and a spacious driveway accommodating up to six additional vehicles. Refined interior details, a picturesque setting, and an exceptional location combine to create a distinguished home in one of the Washington, D.C. area's most sought-after communities. NEW HOT WATER HEATER 2025.
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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.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by Long & Foster Real Estate, Inc. | $890,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Aug 5, 2019 | Sold | ||
| Sold | |||
| Jul 26, 2019 | No longer available | - | |
| No longer available | |||
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About Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017