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7214 POMANDER LANE
About This Property
The main level features an elegant living room with crown molding and a fireplace, an open formal dining area with crown molding and a corner China cabinet, and a delightful sunroom with a gabled ceiling, a large picture window with bench seating, and access to the stone patio. At the center of the home is the open-concept kitchen, breakfast area, and family room, creating a seamless and comfortable everyday living space. The updated kitchen offers granite counters, a stainless-steel appliance suite, tasteful cabinetry with soft-close drawers, and a charming built-in banquet. Beyond the breakfast area is a sizeable family room with a fireplace flanked by display shelving. The main level bedroom wing includes three well-proportioned bedrooms and two full bathrooms, including a spacious primary suite with a walk-in closet, an additional wall closet, a ceiling fan, and an updated private bathroom with a marble vanity.
The upper level is filled with natural light and includes a sizeable bonus room with three built-in workstations, skylights, a picture window with bench seating, and wall-to-wall carpeting. There is also a large fourth bedroom with a walk-in closet, cedar storage closet, skylights, and built-in drawers and shelving. A full bathroom with an oversized marble vanity completes this level.
The finished lower level has a huge recreation and game room with a fireplace and recessed lighting, a private fifth bedroom, a full bathroom, a laundry room, a storage room, a mudroom area, and access to the two-car garage with a workbench space.
The property is situated on a landscaped lot with mature trees and a picturesque backyard featuring an enchanting stone patio, extensive hardscaping, a deck with a hot tub, and two fenced garden areas ideal for vegetables.
Ideally located in close-in Chevy Chase, this home is convenient to Rock Creek Park, the Capital Beltway, and downtown Washington, D.C., and just minutes from the restaurants, shopping, and entertainment of downtown Bethesda and Silver Spring. Located in the sought-after Bethesda-Chevy Chase High 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.
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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 Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017