8612 LANCASTER DR
About This Property
Enter the front door to be greeted by high ceilings, beautiful red oak flooring, a flexible office or sitting room space, and a stately dining room perfect for entertaining guests. Flow through the open concept floor plan past the bar to the large kitchen complete with a luxury Fulgor Milano appliance suite, island with seating for six, and a dream walk-in pantry. Enjoy relaxing by the fireplace in the family room while overlooking the scenic view of the stone patio with a built-in fire pit and room for al fresco dining and play. A mudroom with custom built-ins and convenient garage access and a fresh powder room round off this stunning main level.
Follow the grand staircase up a level to find the spacious primary suite with dual walk-in closets already outfitted for move-in. The luxurious private bathroom showcases two vanities, a magnificent freestanding bathtub, water closet, and an oversized glass surround shower. Two additional bedrooms with ample closet space in each share a Jack-and-Jill style bathroom with a tub-shower combo. The fourth bedroom with en suite bathroom is an oasis for any guest. Also on this level is the large laundry room with storage and a practical laundry sink. Continue up the stairwell for a bonus: a large, fully finished loft space with a full bathroom - perfect for a fifth bedroom, guest suite, or additional recreation space.
The fully finished, walk-up basement is a wonderful example of flexible design. Here you will find the large, sixth bedroom with en-suite full bathroom, elevated wet bar, two open recreational areas, and a dedicated storage area.
Enjoy living in one of Bethesda's hottest neighborhoods and being only seconds away from Downtown Bethesda, NIH, Walter Reed, and Metro Access. This home is conveniently located near parks, Capital Crescent Trail access, Harris Teeter, the Medical Center Metro, and major commuter routes 355, I-270, and I-495.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017