8605 POTOMAC SCHOOL TER
About This Property
The main level showcases gracious formal living and dining rooms, a sophisticated office, and an impressive great room. Featuring 22-foot ceilings, a fireplace, and expansive windows overlooking the lush backyard, the great room serves as the heart of the home.
Adjacent to this space is the renovated open-concept kitchen and breakfast room, creating an ideal setting for both daily living and grand entertaining. The gourmet kitchen, a chef's dream, boasts top-of-the-line appliances, custom cabinetry, and Quartz countertops.
A flex room with a dedicated en-suite bathroom sits just off the kitchen, perfect as a secondary home office or main-level guest suite. Completing this level is a spacious screened-in porch, offering a seamless blend of indoor and outdoor living.
The opulent primary suite is a true sanctuary, featuring a fully renovated, spa-inspired bathroom, an expansive walk-in closet, a hidden safe, and a secret room for added security. Additionally, the suite boasts a private balcony and a serene sitting area with a gas fireplace, perfect for unwinding in style.
Beyond the impressive owner's suite you will find three secondary bedrooms and two newly renovated full baths, a convenient laundry room equipped with new Whirlpool front-loading washer and dryer set, as well as a rear staircase.
The completely finished lower level presents endless opportunities for entertainment and relaxation. This level includes a private home theater, a well-appointed home gym, an in-law suite, and additional flex rooms, one of which is ideally suited for a wine cellar. The expansive recreation room and bar area is perfect for creating a personalized sports bar, complete with space for a poker or pool table. From here, step out to the lower terrace and pool area-an entertainer's paradise.
Situated on two sprawling acres, the property is designed for both relaxation and recreation. Enjoy the serene ambiance of mature gardens, complete with a tranquil water feature, or take a refreshing dip in the inviting swimming pool. The outdoor kitchen is ideal for al fresco dining and entertaining. Car enthusiasts will appreciate the six garage bays (please confirm if they are heated), perfect for housing a prized collection. Above the carriage house, the guest quarters feature a full kitchen, living and dining area, a large bedroom, and a full bath, providing luxurious accommodations for visitors.
This property is a true haven for those who appreciate the finer things in life. Whether hosting lavish gatherings or enjoying peaceful, private moments at home, this estate is ideal for a discerning diplomat, CEO, avid golfer, or anyone seeking the pinnacle of Potomac 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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017