5403 CENTER STREET
About This Property
The main level welcomes you with a gracious foyer that flows into formal living and dining rooms, perfect for entertaining and easy living. A private office or optional main-level bedroom, a powder room, and a bright sunroom provide versatile living spaces. The heart of the home is the expansive chef's kitchen, which opens seamlessly to a grand family room overlooking the beautifully landscaped backyard and patio. A laundry room with direct access to the attached garage completes this thoughtfully designed floor.
Upstairs, the second level features four spacious bedrooms and three full bathrooms, including a luxurious primary suite with ample closet space and a serene, private bath.
The partially finished lower level offers an open rec room/gym and abundant storage.
Set on an expansive and private lot, this property is just steps from the shops and restaurants of Friendship Heights, the Metro, Somerset Elementary School, and the Chevy Chase Club. Don't miss this rare opportunity to own a truly special home in one of the most coveted neighborhoods in the DC area.
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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.
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017