8613 TIMBER HILL LN
About This Property
As you enter this home, you will be mesmerized with views of a serene, wooded wonderland. Nature enthusiasts will revel in delight, and water lovers will dive headfirst into the possibilities offered by the expansive lap pool in the backyard.
Inside, this beautifully maintained home boasts a bright and cheerful floor plan, complemented by one of the most stunning lots in Potomac. Upstairs, you'll find four spacious bedrooms, offering ample space for your dreams to unfold. Additionally, the lower level features a nanny/in-law suite with its own full bath, providing both comfort and convenience.
The stunning foyer welcomes you with soaring cedar plank ceilings, setting the stage for the extraordinary moments that await. The family room, complete with a wood-burning fireplace, promises cozy gatherings, while the formal dining spaces inspire grand celebrations. The kitchen, a culinary haven, offers easy access to the spacious deck and large two-car garage.
Upstairs, the primary bedroom awaits with vaulted ceilings and even boasts a private balcony, perfect for morning yoga or a peaceful retreat. Three additional bedrooms can be transformed into home offices or additional sanctuaries, catering to your unique needs. The lower level serves as a gateway to the poolside paradise, providing an abundance of recreational space for games and movie nights. Laundry duties become a breeze, and storage abounds, ensuring a place for everything.
This home is not just a can't-miss opportunity; it's an absolute must-see! With its convenient access to major roads, highways, and airports, you'll find yourself just minutes away from Cabin John Village, Montgomery Mall, downtown Bethesda, and a myriad of parks. Don't miss out on the chance to make this your dream home in Potomac!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Dec 17, 2023 | In contract | - | |
| In contract | |||
| Dec 14, 2023 | Relisted | $1,250,000 | |
| Relisted | |||
| Dec 14, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2023 | Listed by Compass | $1,250,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017