5529 DEVON ROAD
About This Property
The main level is planned around gracious, light-filled gathering spaces, including an expansive kitchen with oversized island and walk-in pantry, adjoining family room with fireplace, formal dining room, den/library, mudroom, and a flexible guest room or private office. A covered rear porch creates a seamless connection between indoor and outdoor living, while an elevator provides convenient access to all three levels.
Upstairs, the private bedroom level is designed with five spacious bedrooms, including a substantial primary suite with a spa-inspired bath and generous closet space, along with additional en-suite accommodations and a dedicated laundry room. The lower level expands the home's lifestyle offerings with an oversized recreation room, bar, exercise room, guest or au pair suite, and abundant storage. A three-car garage completes this thoughtfully conceived residence.
A rare chance to secure new construction of exceptional scale and design in Bethesda, with the opportunity to enjoy a home created for modern luxury from the ground up. Plans and specifications are subject to change during the building process.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Listed by Serhant | $6,500,000 | |
| Listed by Serhant | |||
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About Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017