40972 MOLLIES WAY
About This Property
At the end of a long, private drive, discover this breathtaking custom-built Potomac River waterfront 3459SQFT Colonial, nestled on 20.35 acres of pristine land with sweeping river views and a private pond. Built in 1995 by its original owners, this stunning 4-bedroom, 2.5-bath estate redefines timeless craftsmanship, luxurious design, and absolute privacy.
The main level boasts soaring 10-foot ceilings and a primary bedroom with panoramic water views and a spa-like bath featuring a custom-made vanity by renowned craftsman Pat Woodburn. From the dramatic curved staircase imported from Milwaukee to the handcrafted maple cabinetry and heart pine coffered ceilings in the kitchen, every detail was designed to impress. The gourmet kitchen features top-of-the-line GE Monogram appliances, including a built-in 48" refrigerator, induction cooktop, and double ovens-framed by solid maple custom Pat Woodburn crafted cabinetry and bathed in natural light.
The family room stuns with a floor-to-ceiling stone masonry fireplace spanning 2 floors, a wet bar, and direct water views! Both the parlor and hearth room are also equipped with custom brick fireplaces. Entertain in style with the ample sized formal dining room accented by a solid brass chandelier.
Upstairs offers three generously sized bedrooms, a full bath, and an incredible loft with commanding views and natural light. The home includes a cellar basement, encapsulated crawl space, and an oversized 3-car garage. Dual HVAC systems (with a brand-new unit upstairs), a newer gas water heater, whole-house humidifier, and surge suppressor offer modern comfort with efficiency.
The property also features marble rock riprap shoreline, 4–5' MLW (mean low water) that is situated in a fairly protected section of the Potomac River, and a 2.1-acre private pond-perfect for the avid duck hunter or nature lover looking for peaceful reflection. The cleared area of the property has ample space to accommodate both a pool and/or a detached accessory dwelling, shop or garage! Its hard to find a property with this kind of privacy, acreage, water frontage, sunset views, and the ability to add a pool and/or outbuildings to suit your needs!
From custom architecture to unmatched natural beauty, this home is more than a residence-it's a legacy. Set up a showing TODAY before you miss this opportunity!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017