8519 CHESTNUT AVENUE
About This Property
The highly functional layout features separate front and rear entrances, ensuring effortless privacy and excellent flow between the living zones. One entrance opens into a welcoming hallway leading to a generous formal dining room, a grand living room, a half bathroom, and a huge, fully updated kitchen that easily accommodates a breakfast table setup. The other side of the home opens into a vast, flexible open great room with soaring ceilings-perfect for an expansive family room, home theater, or a grand hobby space. Just five steps up is an additional large lounge area adjacent to another convenient half bathroom. The upper level provides a total of 6 spacious bedrooms and 2 full bathrooms, smartly divided into two separate wings (each with 3 bedrooms and 1 full bath), with a private connecting door that can be locked for complete privacy if desired. One wing also features its own staircase leading up to an immense third-level attic offering incredible storage space or future expansion potential.
Outside, the property features a rare, massive private driveway with ample dedicated parking spaces-ideal for large family gatherings, car enthusiasts, or storing an RV/boat-along with a substantial backyard storage structure. Strategically located for maximum convenience, this home is a commuter's dream with effortless access to US-50 and US-301, putting Washington D.C., Baltimore, and Annapolis all within easy reach, and is just minutes from the Bowie State MARC Train Station. Local amenities abound, sitting just steps from Town Green Park and the Old Town Bowie Welcome Center. Don't miss this generational residential asset-schedule your private tour today!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 22, 2026 | Price Decreased |
$1,239,000
↓ $60K
(4.6%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Independent Realty, Inc | $1,299,000 | |
| Listed by Independent Realty, Inc | |||
| Mar 23, 2020 | No longer available | - | |
| No longer available | |||
| Oct 22, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017