4913 CONTINENTAL DRIVE
About This Property
You won't want to miss this one!!!
Just a short walk from highly rated Cashell Elementary School you will find this meticulously maintained and thoughtfully updated gem. The long-time owners spared no expense in updating and maintaining this home. Every nook and cranny of the home is covered in high quality fixtures and finishes. The beautifully remodeled kitchen is a chef's dream, featuring Cambria quartz countertops, double GE Monogram wall ovens, a GE Monogram cooktop, and a large walk-in pantry that provides abundant storage and organization space. Designed for both everyday living and entertaining, no minor detail was spared. Wait until you see the Fieldstone cherry wood custom cabinets!
The updated bathrooms showcase modern finishes and craftsmanship, while custom blinds throughout complement the home's Pella windows, enhancing both style and energy efficiency. Major system upgrades include a new furnace (2023), whole-house humidifier (2023), upgraded insulation (2024), and a new air conditioning unit (2025), providing year-round comfort and efficiency.
The lower level offers outstanding potential and valuable improvements. Professionally waterproofed in 2021, the walk up basement includes a sump pump and radon mitigation system for added confidence. The tiled basement space also features a bathroom rough-in, providing a blank canvas for future expansion and customization to suit your needs.
Combining extensive updates, quality construction, and room to grow, this well-cared-for home is truly move-in ready and offers an exceptional opportunity in sought-after Olney.
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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.
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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About Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017