8705 POSTOAK RD
About This Property
The main level features a sun-filled, updated, eat in kitchen leading to a spacious deck. The large family room with sliding glass doors open to the deck offers a beautiful wood-burning fireplace. Spacious living and dining rooms, a powder room, home office, and mudroom/laundry room complete the main level.
Ascend the open, hardwood staircase to the upper level boasting four spacious bedrooms including a large primary suite, two full bathrooms, abundant closet space and hardwood floors. Step outside to discover a tranquil, lush yard, fenced on three sides for privacy. A carport and secure shed add to the convenience. The walk-up lower level features a spacious recreation room, bedroom, full bath, work room and ample storage space...with effortless commuting to Bethesda, DC and Northern Virginia. This home has been meticulously maintained and is sold As Is. Welcome to your new home!
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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 19, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by Long & Foster Real Estate, Inc. | $945,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017