6301 PHYLLIS LANE
About This Property
A sun-filled two-story foyer creates a grand first impression, leading to four generously sized upper-level bedrooms, each with its own private en-suite bath. The luxurious owner's retreat is a true sanctuary, complete with dual walk-in closets, an elegant tray ceiling, designer chandelier, and a spa-inspired bath featuring separate vanities, a soaking tub, and a glass-enclosed shower.
The finished lower level offers incredible flexibility with a private guest suite, a mirrored fitness studio with turf flooring, and an expansive recreation room with a kitchenette/bar area-perfect for entertaining, multigenerational living, work-from-home needs, or hobby space.
Nestled within the private enclave of Merrimack Park, this exceptional home offers easy access throughout the DMV while remaining just minutes from shopping, dining, and entertainment destinations of Westbard and Bethesda Row.
Luxury. Location. Lifestyle. This is the one you've been waiting for. WHITMAN CLUSTER SCHOOLS
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017