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8701 LOCHAVEN DRIVE
About This Property
Welcome to this beautifully updated colonial, perfectly situated on a picturesque 1.12-acre corner lot in sought-after Goshen Estates. Offering over 4,000 sq. ft. of living space, this home combines privacy, space, and convenience. Highlights include hardwood floors, abundant natural light, two fireplaces, an updated kitchen, spacious primary suite, three additional bedrooms, and a finished lower level ideal for recreation, fitness, or entertaining. Major updates include HVAC replaced in 2022 and a roof replaced approximately 5 years ago.
Enjoy the expansive private backyard with plenty of room for entertaining, gardening, and outdoor living. Conveniently located near Kentlands, Downtown Crown, Rio Lakefront, shopping, dining, parks, I-270, and MD-355. Exceptional space, privacy, and location-schedule your private showing today!
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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 |
|---|---|---|---|
| Aug 6, 2026 | Price Decreased |
$925,000
↓ $70K
(7%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Decreased |
$995,000
↓ $30K
(2.9%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by The Agency DC | $1,025,000 | |
| Listed by The Agency DC | |||
| May 12, 2020 | Sold | ||
| Sold | |||
| Dec 30, 2019 | Sold | ||
| Sold | |||
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017