8019 GLENDALE ROAD
About This Property
This five-bedroom / four-full-bath Colonial offers the perfect blend of peaceful surroundings and urban accessibility. Offering 3,700 +/- square feet across three levels, it features quintessential details, including hardwood floors, built-ins, crown moldings, and two fireplaces.
Approached by a flagstone walkway and a level, manicured front lawn, the first floor features a seamless flow and multiple entertaining spaces: an inviting foyer; an elegant living room anchored by a fireplace and glass doors to a rear, covered patio; a pristine, state-of-the-art kitchen that connects to the sun-filled dining room; and a family room with access to a second, expansive back patio overlooking a vibrant backyard. A main-floor bedroom / den with wood-paneled walls, handsome built-ins, an en suite bath, and a walk-in closet -- along with an attached two-car garage -- creates easy living.
Upstairs, the owner's suite is complete with a sizable walk-in closet / dressing area, an en suite bathroom, and a private patio with sweeping views. Two additional bedrooms, a hall bath, and a spacious second-floor attic for storage complete this level. The walk-up, finished third level features vaulted ceilings, an additional bedroom, and even more storage space.
The cheerful lower level features a recreation room with flexible bonus areas for endless opportunities, a bedroom, a full bath, a private entrance, laundry, and storage.
8019 Glendale Road is tucked away in a friendly, quiet Chevy Chase setting, yet it is centrally located with walking-distance access to public transportation, shopping, restaurants, and more, offering the best of both urban and suburban living.
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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