708 RUNNING BROOK DRIVE
About This Property
The light-filled lower level is perfect for entertainment, with a home theater, an additional bedroom, gym space, and ample storage. Outside, relax on the large Trex deck or wrap-around porch, both offering breathtaking views of the surrounding woods-a true nature lover's paradise. The upper level offers four spacious and well-appointed bedrooms, ideal for family or guests. There is also an unfinished loft space on the fourth level, perfect for creating a private den, home office, or additional living area. An oversized three-car garage provides plenty of room for vehicles and storage. This home is part of the Langley High School pyramid, ensuring top-rated education opportunities. With unmatched privacy and serenity, this home is still conveniently located near shopping and dining.
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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 |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by EXP Realty, LLC | $1,999,900 | |
| Listed by EXP Realty, LLC | |||
| | |||
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Discover tranquility in this exceptional 5-bedroom home, nestled on a serene 5-acre, park-like lot in the highly desirable Great Falls community. This residence offers a perfect blend of luxury and comfort with high-end European finishes and a thoughtfully designed floor plan. The main level features a primary suite with an attached sitting area or office, providing ultimate convenience and privacy. The gourmet open-concept kitchen is equipped with top-of-the-line Bosch appliances, elegant quartz countertops, and sleek Hacker cabinets, making it a chef's dream. Throughout the home, you'll find exquisite craftsmanship, including Iris Italian tile, Grohe plumbing fixtures, and engineered wide plank blonde hardwood floors.
The light-filled lower level is perfect for entertainment, with a home theater, an additional bedroom, gym space, and ample storage. Outside, relax on the large Trex deck or wrap-around porch, both offering breathtaking views of the surrounding woods—a true nature lover’s paradise. The upper level offers four spacious and well-appointed bedrooms, ideal for family or guests. There is also an unfinished loft space on the fourth level, perfect for creating a private den, home office, or additional living area. An oversized three-car garage provides plenty of room for vehicles and storage. This home is part of the Langley High School pyramid, ensuring top-rated education opportunities. With unmatched privacy and serenity, this home is still conveniently located near shopping and dining.
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| Aug 9, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | In contract | - | |
| In contract | |||
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About Great Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017