8031 GEORGETOWN PIKE
About This Property
updated throughout, with sunlight streaming through the high-ceilinged rooms, offering beautiful hardwood
floors, and more than ample room sizes for everyday living and formal entertaining. Attention to detail is evident throughout. Entering the foyer one is greeted by a grand staircase, and a view through the family room to the flagstone terrace and lush grounds. A main floor primary suite with sitting room and office area provide for a sanctuary of one's own. The designer kitchen will amaze even the most talented chef. Spacious room sizes throughout provide for
a formal living room, formal dining room, grand kitchen, breakfast room and family room, along with a well designed mud-room/laundry area and powder room leading to a more than ample three car garage. This completes the main level which offers two staircases up to the second level of the home. Five additional bedrooms are found on the second level each with ensuite bath. A sixth lower level bedroom is available for company or staff. The lower level will amaze you with a huge formal office, double family rooms, a wine cellar and beautiful daylight walkout doors to the patio and grounds. A total of 6 bedrooms and 7 full baths
encompassing approxiately 9,000 square feet beautifully designed on three levels. The private drive recessed off Georgetown Pike leads to the gated entrance to this property centered at the back of the drive.
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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 McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017