7905 RAPHAEL CT
About This Property
This home is more than stunning appearances. A newer roof and widened driveway, and a new fence with gate are among the updates. The finished lower level includes a spacious recreation room area, three bedrooms, and a full bathroom.
Minutes from Montrose Road, Seven Locks Road, and Route 270, this home is in-boundary for Berry Farms Elementary, Herbert Hoover Middle, and Winston Churchill High School.
Stroll through nearby parks, play tennis or golf and nearby recreation locations, take a culinary trip through downtown Bethesda, you are sure to enjoy your lifestyle in this vibrant neighborhood.
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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 |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | In contract | - | |
| In contract | |||
| Jun 5, 2023 | Price Decreased |
$1,150,000
↓ $100K
(8%) | |
| Price Decreased | |||
| May 21, 2023 | Listed by Long & Foster Real Estate, Inc. | $1,250,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 28, 2005 | Sold | ||
| Sold | |||
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About Potomac
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,920 /mo
- 2 Beds
- 2 Baths
- 1,473 ft²
$10,000 /mo
- 6 Beds
- 5 Baths
- 7,690 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017