8701 BELMART RD
About This Property
Enter the front door into the main foyer beautifully wrapped in hardwood flooring that can be seen throughout the main and upper levels. The foyer showcases custom trim work also appointed throughout the home. Walk through the french doors into the living room where natural light beams through the oversized windows wrapped in plantation shutters. The gorgeous family room addition showcases the open floor plan everyone is looking for. Walls of windows and sliding glass doors highlight the stunning wooded views this lot has to offer. The generous family room with gas fireplace wrapped in stone opens to the kitchen, dining plus an additional living space. This gourmet kitchen includes a six-burner Viking Stove, dual sinks, brand new refrigerator, granite countertops, custom tile backsplash, and an island with bar seating for two. Dining for a larger group is no problem with the sweeping table space. Brand new custom cabinetry wraps the side wall providing tremendous pantry space for all of your storage needs. A main level office with glass doors offers bright and sunny views through and a wall of built-in cabinetry. The convenient mudroom sits adjacent to the kitchen with dual washer/dryers, sliding doors with additional storage space, powder room and a glass door for backyard access. The original garage has been transformed into an impressive fitness room and recreation space while still providing multiple closets for storage, an additional refrigerator, and double glass doors to the exterior. A bonus powder room with wainscoting and a hall coat closet can be found off the main foyer.
Follow the hardwood flooring to the upper level where four bedrooms and two full bathrooms can be found. The hallway is elegantly wrapped in chair-rail molding and hosts a modern chandelier. The primary suite showcases treetop views through picturesque windows and designer window treatments. A walk-in closet is complete with built-in shelves, while an additional closet can host those extra items. The updated en-suite bathroom showcases a steam shower, custom vanity with granite countertop, ample cabinet space, tile flooring, custom window treatments and a built-in towel rack. Three additional bedrooms round out this level, all complete with designer window treatments and double-door closets. A linen closet and full bathroom with oversized tile floors and a shower/tub can be found off the hall.
The lower level is the ideal space for an additional lounge area and is covered in tile flooring. This level has been improved with an oversized walk-in closet that offers the extra storage space you need to stay organized. The pool has been fully updated with a new liner, tile coping, heat pump, cover and a new storage shed that was conveniently added to the side of the house to host any larger items. The fully fenced yard offers wooded views throughout and backs to Great Falls National Park.
This picturesque lot is ideally situated, just minutes away from I-495 & Clara Barton Parkway, the Potomac Village and the C&O Canal. With all this impeccably maintained home has to offer in such a prime location, it will surely not last! Do not miss this rare opportunity.
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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 |
|---|---|---|---|
| Apr 26, 2023 | Sold | ||
| Sold | |||
| Feb 22, 2023 | Listed by Washington Fine Properties, LLC | $1,975,000 | |
| Listed by Washington Fine Properties, LLC | |||
| Oct 8, 2021 | No longer available | - | |
| No longer available | |||
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017