7406 BROOKVILLE ROAD
About This Property
Upstairs, the spacious primary bedroom features an en-suite bathroom and a walk-in closet. This level also offers three additional bedrooms and a hall bathroom with a soaking tub.
The lower level includes a bright and inviting recreation room with floor-to-ceiling windows and French doors that open to the rear yard. A private fifth bedroom with its own entrance and cedar closet makes an ideal guest room or home office. A full hall bathroom with shower adds convenience. Additionally, the expansive unfinished workroom offers ample storage, a place for exercise equipment, and a dedicated laundry area with a full-size washer and dryer.
This home features a driveway spacious enough to turn a car around, as well as a detached one-car garage. The home has radiator heat that is complete with custom radiator covers. The dual zone A/C system provides maximum temperature comfort. Most of the windows were replaced in 2021, and many have custom interior wood shutters.
Section 5 municipality offers multiple amenities including a July 4th parade & party, a Halloween party, snow shoveling on sidewalks, an Arborist, weekly leaf collection in Fall, and composting. It's also within the boundaries for CCRA swim & tennis facility. With very easy access to local parks, Chevy Chase library, Saturday farmer's market, and the shops on Brookville Road, including the grocery, pharmacy, barber shop, cafe, and La Ferme Restaurant, a local favorite offering fine French cuisine.
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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%.
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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.
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017