7201 PYLE ROAD
About This Property
The existing residence provides an impressive footprint with a versatile layout spanning multiple finished levels. The main level features spacious formal living and dining rooms, a generously sized family room, an eat-in kitchen, dedicated office, multiple bedrooms, and a thoughtfully designed floor plan that offers flexibility for renovation or reconfiguration. Upstairs, a substantial attic provides additional expansion possibilities or abundant storage, while the expansive lower level includes multiple recreation rooms, workshop space, utility areas, storage rooms, additional bedrooms, and a wet bar, creating exceptional flexibility for future use.
Outside, the possibilities continue. In addition to the attached garage, the property features a detached garage and separate storage building, offering valuable infrastructure for construction staging, hobby space, vehicle storage, or future enhancements. The expansive grounds provide ample room for outdoor living, estate landscaping, pool design, accessory structures, or a complete reimagining of the property.
Properties of this size and caliber rarely become available, particularly in such an established and highly sought-after location. Whether restoring the existing home, undertaking a significant renovation, constructing a new luxury residence, or exploring future redevelopment opportunities, the generous lot dimensions and substantial existing improvements create a remarkable canvas with endless potential.
Held by the same family for many years, this is a true legacy property being introduced to the market for its next chapter. Opportunities to secure estate-sized parcels with this level of flexibility and upside are increasingly scarce.
Property is being sold strictly AS-IS. Buyers are responsible for conducting their own due diligence regarding zoning, subdivision, redevelopment, and all future land use possibilities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2026 | Listed by Serhant | $2,199,900 | |
| 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