7204 SELKIRK DRIVE
About This Property
Upon entry, you'll love the grand two-story foyer and open-concept space on the main floor. Enjoy the dining room, huge family room with the first of three fireplaces, spacious kitchen, home office with French doors, all offering beautiful green views of the surrounding area. Access to the two-car garage, a full bathroom, and a convenient laundry room complete the main floor.
Upstairs, you'll find an incredible great room with cathedral ceilings, a fireplace, built-ins with wet bar, and a stunning balcony as well as access to the extensive hardscape backyard, perfect for indoor-outdoor living and entertaining. A full bathroom provides the utmost convenience for guests. Continue to the main living wing, featuring four large bedrooms, all with en-suite bathrooms and ample closet space. The primary suite boasts a large walk-in closet and fireplace, as well as a bonus room with tons of natural light - perfect for a sitting room or home office!
Location, Location, Location! Enjoy the peace and privacy while also being conveniently located in the award-winning Whitman school district, near downtown Bethesda, 1-495, the D.C. border, Chain Bridge, and so much more! This home offers the perfect opportunity for its new owners to update and make it their own!
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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 |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | In contract | - | |
| In contract | |||
| Aug 3, 2023 | Listed by RE/MAX Realty Services | $1,500,000 | |
| Listed by RE/MAX Realty Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017