7101 OLD GATE ROAD
About This Property
This spacious five-bedroom, three-and-a-half-bath residence combines timeless charm with modern updates, offering a perfect blend of functionality and elegance. Step inside to discover an inviting open floor plan, highlighted by rich hardwood floors, abundant natural light, and thoughtfully designed living spaces.
The heart of the home is the upgraded gourmet (optional Kosher) kitchen featuring premium dovetail soft-close cabinetry, gleaming granite countertops, and a high-end stainless steel appliance package. Perfect for both everyday living and entertaining, the open layout flows seamlessly into the dining and family areas-each centered around cozy wood-burning fireplaces. There is also a sun soaked main level office tucked away from the entertaining area making it perfect for home office.
Retreat upstairs to the luxurious primary suite, complete with a gas fireplace, an expansive walk-in closet, and a fully renovated spa-like bathroom that's sure to impress. Additional upper level bedrooms are generously sized, with beautifully updated baths throughout the home. The lower finished level of the home offers excellent versatility with a full bathroom and expansive legal bedroom or excellent rec room capability.
Outside, enjoy the peaceful green space, fully fenced rear yard and expansive flagstone patio ideal for year-round relaxation or entertaining. The spacious corner lot provides privacy and curb appeal, with mature landscaping and room to play or garden.
With its perfect blend of classic colonial character and modern upgrades along with a large two car garage this is truly a unique opportunity. Enjoy all of the Old Farm community amenities including walking distance to schools along with an ideal commuter location (close proximity to all major highways).
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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 North Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017