5308 WILLARD AVE
About This Property
This four-bedroom, three-bathroom home is just steps away from Friendship Heights. You will fall in love with the newly refinished stunning hardwood floors, freshly painted interior, new driveway, plus a highly sought-after first-floor owner's suite with a private full bathroom and large walk-in closet.
Enjoy open floor living with the extended kitchen and dining room. The kitchen has been remodeled with new stainless-steel appliances, quartz countertops, and glistening white cabinets. Relax in the family room in front of the beautiful fireplace. A spacious tiled sunroom is located next to the family room.
Three well-sized bedrooms plus a full bathroom complete the upper living floor. A large bonus recreation room, plus a laundry room and bathroom make the lowest level of the home the perfect space for family gatherings. A wonderful private backyard complete with a deck, all backing to parkland. Fabulous location close to downtown Bethesda, walking distance to Metro, and walking and biking on the Capitol Crescent Trail.
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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 |
|---|---|---|---|
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2022 | No longer available | - | |
| No longer available | |||
| Oct 11, 2022 | Listed by Long & Foster Real Estate, Inc. | $948,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 27, 2022 | Listed by Long & Foster Real Estate, Inc. | $998,750 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017