8 CANDLELIGHT CT
About This Property
The entry level is "user friendly" with a large living room and dining room. Across the back of the house is a kitchen open to the family room with an atrium door to the brick patio and backyard. The kitchen is well equipped with stainless steel appliances, ceramic tile flooring and granite countertops. The center island provides lots of counter space and at the end there is a round table with seating. The family room is perfect for informal gatherings with a wood burning fireplace. Completing the entry level is a renovated powder room, a mudroom with beadboard paneling, bench and hanging hooks conveniently located next to the two-car garage.
The upper level has four bedrooms and two full renovated bathrooms. The Primary Suite is special with a huge walk-in organized closet and an exquisite marble bathroom. There are two oversized vanities, each with marble countertops, sink, mirrored medicine cabinets, mirroring and lighting above. The Jacuzzi with marble surround and the oversized marble stall shower with two shower heads, bench and custom glass door are custom additions. The primary bedroom has natural stained hardwood flooring and overlooks the wooded backyard.
For those looking for a wonderful home office with built-ins and computer stations you've come to the right place. In addition to a home office and third full bathroom, there is a recreation room with wet bar.
Ideally located in one of Montgomery County's sought after school districts, bus transportation, newly upgraded Cabin John Village Shopping Center and easy access to I-270 and I-495 are in close proximity.
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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 Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017