5115 CAPE COD COURT
About This Property
The home features seven bedrooms and five and a half bathrooms, thoughtfully distributed across its expansive layout, including four bedrooms on the second level, two additional bedrooms in the finished attic, and a private suite on the lower level. The main level is designed for both formal and informal living, with gracious entertaining spaces complemented by three fireplaces and an abundance of natural light enhanced by new double-pane windows. Hardwood flooring extends across the top three levels, adding warmth and continuity throughout.
The kitchen, equipped with marble countertops and high-end appliances, opens to a bright eat-in area and connects seamlessly to the family room, which provides direct access to the outdoor living spaces. While both the kitchen and bathrooms have been updated over time, they offer an opportunity for further personalization to suit today's tastes.
The upper level offers additional flexibility beyond the bedroom suites, including a dedicated music room, a versatile multipurpose space, and an extra storage area equipped with a cooling system-ideal for preserving delicate items.
The lower level, with independent access and an emergency egress window, expands the home's functionality with a spacious recreational area, a gym, a wet bar, and a newly installed wine cellar. Additional features include an alarm system, intercom, built-in speakers, and abundant storage throughout.
Outdoor living is equally inviting, highlighted by a beautifully landscaped backyard with manicured grounds, a flagstone patio with pergola, and a spacious deck-creating a seamless setting for relaxation and entertaining. A slate roof, installed in 2015, and two parking spaces complete this offering.
Ideally located in a well-established neighborhood known for its green surroundings, proximity to parks and trails, and access to highly regarded public schools, 5115 Cape Cod Court presents a rare opportunity to own a substantial home in one of Bethesda's most desirable settings.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$2,800,000
↓ $45K
(1.6%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$2,845,000
↓ $140K
(4.7%) | |
| Price Decreased | |||
| Apr 21, 2026 | Listed by TTR Sotheby's International Realty | $2,985,000 | |
| Listed by TTR Sotheby's International Realty | |||
Property Highlights
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About Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017