8620 FALLS ROAD
About This Property
For buyers seeking to build, the lengthy and complex pre-construction process has already been substantially completed. Architectural plans have been thoughtfully designed for an approximately 10,080-square-foot luxury estate, tailored to today's discerning buyer and complemented by a professionally curated interior design vision. Floor plans and design concepts are available for review.
For those preferring a more turnkey approach, a builder is available to construct the proposed home as a separate build-to-suit opportunity at the buyer's discretion. The proposed residence is not included in the list price, and construction will be contracted separately. Estimated build pricing and timelines may be available upon request.
Alternatively, the existing home offers excellent potential for renovation, expansion, or reimagining to suit your vision. Whether you choose to preserve and update the current residence or start fresh with new construction, the property provides exceptional flexibility to match your goals.
Extensive due diligence and site preparation have already been completed for new construction, creating a significant advantage for buyers planning to build. Improvements include a Montgomery County Plat Exemption, utility disconnections, completed well and septic abandonment, installation of a temporary electric pole, WSSC water and sewer category approvals and connections, an approved Grading Plan, and professionally staked property boundaries and Limits of Disturbance. These completed steps allow the next owner to move efficiently toward construction while avoiding months of permitting and site work.
Situated along Falls Road, the property offers convenient access to the natural beauty of Great Falls Park, with the scenic overlook just minutes away. Enjoy nearby Olmsted Island, the Billy Goat Trail, top-rated Winston Churchill High School, the shops and restaurants of Potomac Village, and easy access to major commuter routes.
Whether you're looking to renovate an existing home, build a one-of-a-kind custom estate, or take advantage of an accelerated build-to-suit opportunity, this is a rare chance to secure a premier property in one of Potomac's most sought-after locations.
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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%.
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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 |
$1,249,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Mar 21, 2026 | Price Decreased |
$1,299,000
↓ $51K
(3.8%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by Samson Properties | $1,350,000 | |
| Listed by Samson Properties | |||
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
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About Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017