7504 GLENDALE RD
About This Property
Both the spacious driveway and charming walkway guide residents to the covered porch overlooking the main street; enjoy your morning coffee and say hello to the neighbors from this coveted spot! The foyer, complete with a sizable window and window seat, radiates light and poise and flanks the dining room and living room. The living room, complete with a gas fireplace, creates an effortlessly comforting atmosphere to relax. The study closely follows, boasting stunning built-ins and sizable windows; unlock new ideas or find clarity and focus in this private space. The dining room is flooded with natural light, contributing to the ultimate formal dining experience. The eat-In, gourmet kitchen offers updated appliances and plentiful cabinetry – sure to marvel any at home chef! The breakfast room follows, offering sizable windows and space. The family room offers stunning built-ins and a gas fireplace; and offers access to the covered porch and patio. The main level is complete with a powder room.
Ascending to the upper level, the primary bedroom awaits, offering tray ceilings, a ceiling fan, two walk-In closets, an ensuite additional bedroom or sitting room and an ensuite full bath. The spa-like primary bath showcases two vanities, a soaking tub and stall shower; unwind and lean into relaxation in this soothing oasis. This level is complete with two additional bedrooms, both complete with ensuite full baths, and a laundry room. Ascending to the third level, a sizable bonus room allows residents to dedicate space to their crafts or passions; from a workout room to a studio, the decision is yours! This level is complete with a fourth bedroom that offers a walk-In closet, a full bath and attic storage.
Descending to the lower level, the recreation room makes hosting a dream come true with generous space and high ceilings. The level is complete with a sixth bedroom, a full bath, a storage and utility room, and access to the two-car garage.
The rear yard includes a covered porch leading to the stone patio overlooking the manicured rear lawn; enjoy al fresco dining or host the annual summer barbecue in this idyllic, private oasis!
Just outside of D.C. and within close proximity to the new Chevy Chase Lake Center, the Bethesda Metro, the Beltway and commuter roadways, 7504 Glendale offers a prime location in addition to the opportunity to create lasting memories in this remarkable residence!
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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 Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017