852 ALVERMAR RIDGE DR
About This Property
Central to the home, the kitchen features elegant cabinetry, superior stonework, and is complemented by state-of-the-art appliances. Adjacent is a bright breakfast area, providing a delightful space for morning meals and casual dining. The family room, accessible from the kitchen, offers access to the outdoor balcony, perfect for indoor/outdoor living and entertaining.
The primary suite, located in a private wing on the upper level boasts a serene sitting area, a sumptuous sleep area with picturesque views, and luxurious spa-like bathrooms with freshly renovated Calcutta marble and walk-in closets.
The lower level is designed for entertaining, featuring a sophisticated lounge with pool access, a professionally equipped wet bar, and a climate-controlled wine cellar with a 1,500-bottle capacity. The expansive grounds are perfect for hosting, featuring a stone terrace with an impressive pool, hot tub, and meticulous landscaping. Additional luxurious amenities include a robust Cummins generator, a newly renovated $125K back deck, elegant lantern heads on the driveway columns, and a mahogany elevator servicing all four levels, all designed by Custom Design Concepts. Freshly painted interiors enhance the rich mahogany woodwork that graces each level.
The Reserve, McLean's most exclusive residential enclave, offers unparalleled security with 24-hour patrolling and a suite of bespoke concierge services at the elegant gatehouse. Situated just minutes from Tysons Corner and the Beltway, this grand estate offers unparalleled luxury, security, and the distinguished prestige of McLean's finest residences.
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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Price Decreased |
$4,775,000
↓ $724K
(13.2%) | |
| Price Decreased | |||
| Sep 4, 2024 | Listed by Washington Fine Properties, LLC | $5,499,000 | |
| Listed by Washington Fine Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017