4703 CHEVY CHASE BOULEVARD
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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 |
|---|---|---|---|
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Price Decreased |
$2,175,000
↓ $25K
(1.1%) | |
| Price Decreased | |||
| May 4, 2025 | Price Decreased |
$2,200,000
↓ $100K
(4.4%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed | $2,300,000 | |
| Listed | |||
| | |||
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Location, Design and Energy Efficiency. Designed by Seattle-based architect Christian Gladu, 4703 Chevy Chase Boulevard in Chevy Chase, MD is an Arts and Crafts style home built in 2011 according to LEED standards for energy efficiency, upgraded in 2018 with a 14kW SunPower solar power system and renovated in 2022 with neutral paint colors, a glass elevator serving all 3 floors, rear astro turf yard and a whole house dehumidifier. The home was built to best practice in terms of energy efficiency, but is also striking architecturally with high ceilings, large windows, and open, yet light filled defined spaces. From the welcoming front porch, step inside to find the entrance foyer with coat closet and powder room, living area with bench seating and half wall with custom built-ins acting as a separation from the dining area open to the family room with gas fireplace flanked by built ins. There is abundant storage in the chef’s kitchen with warm cherry cabinets, silestone counters and stainless steel appliances, plus the built-in table and island are topped with handsome, easy maintenance white quartz. The walk in pantry has been improved with a 2nd full size fridge/freezer and there is now a charging station nook in front of the elevator. Upstairs you will find 3 generous bedrooms, 2 full baths, a laundry center, storage and another wall of built ins and elevator access in the loft. The primary bedroom boasts a walk-in closet and an en-suite bath with dual vanities, generous shower and water closet. The finished lower level with cork flooring features a recreation room with access to the elevator, 4th bedroom, 3rd full bath, a generous storage room under the front porch and a mudroom just off the 1 car garage. Enjoy BBQ’s on the rear Trex deck (new 2022) and relax surrounded by the low maintenance astro turf yard. The home is within walking distance of downtown Bethesda’s bustling retail center and two Metro stations, one block from Norwood Park, a five minute stroll to the Bethesda Pool, and easy access to the Capital Crescent Trail for biking into Washington, DC. The location has a Walk Score rating of 77, indicating that it is Very Walkable and most errands can be done on foot. Within walking distance are two playgrounds, five public tennis courts, three ball fields, a public swimming pool, two grocery stores, several pharmacies, hardware store, bakery and multiple dining options.
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About Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017