7003 DELAWARE STREET
About This Property
Upstairs, four generous bedrooms feature ceiling fans and two updated bathrooms, including a primary suite with soaring ceilings, a walk-in closet with an organizing system, and a renovated dual-entry bath with a glass-enclosed shower with a bench and skylight. A large walk-up attic offers voluminous storage and the potential to be finished, creating an additional level of living space. The unfinished lower level includes a workshop, laundry area, and abundant storage space, offering plenty of room for organization and future possibilities.
The beautifully landscaped level backyard has two brick patios, garden beds with Black-Eyed Susans, a shared driveway, and a detached oversized garage. Ideally located in close-in Chevy Chase, this home is valued for its convenient location, elegant homes on quiet tree-lined streets, and proximity to the shops and restaurants along upper Wisconsin and Connecticut Avenues. Just steps from Brookville Market, Gazebo Park, and Historic La Ferme Restaurant, and minutes from the dining and entertainment centers of downtown Bethesda and Northwest DC, this home offers a perfect blend of charm, space, and accessibility. It is also conveniently located near the Capital Beltway and downtown Washington, D.C., within the Bethesda-Chevy Chase school cluster.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Long & Foster Real Estate, Inc. | $1,299,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017