7521 MORNINGSIDE DR NW
About This Property
High, Wide and Plentiful! First time on the market in 50 years! Welcome to this large, gorgeous light filled Colonial, perfectly nestled on the prettiest street in Shepherd Park! Loaded with period details, this lovely home features a double parlor living room with a wood burning fireplace, a dining room with bay windows, an office on the main level with built-in bookshelves, a main level powder room, a sunroom looking out over the perfectly landscaped rear garden and detached garage! Upstairs you'll find three large bedrooms with huge closets, two with en suite bathrooms and a third full bath in the hall, and a fully finished attic with plenty of storage that functions as a spare bedroom or whatever you need! The full finished basement is very large and has tons more storage and another full bath. The grounds are picturesque gardens of tranquility, and the property is perfectly located convenient to the Silver Spring metro, the soon-to-open shops at Walter Reed featuring the new Whole Foods, Shepherd Elementary and playground, and Rock Creek Park just a few blocks away. This home is truly special. Make your appointment today! 3D Tour available here: https://homevisit.view.property/2116575?a=1&pws=1&nodesign=1
Open Saturday 4/22 1:00-4:00 and Sunday 4/23 3:00-5:00
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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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Apr 22, 2023 | Price Decreased |
$1,285,000
↓ $90K
(6.6%) | |
| Price Decreased | |||
| Apr 14, 2023 | Listed by Samson Properties | $1,375,000 | |
| Listed by Samson Properties | |||
Property Highlights
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017