8905 SPRING VALLEY ROAD
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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.
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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 30, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | Listed | $1,150,000 | |
| Listed | |||
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Renovated with mid-century modern touches, this Chevy Chase split level home offers tremendous value and move-in ready condition for its next owner. Entering the home, there is a sense of warmth and coziness, aided by the vaulted ceilings throughout the living room, which is filled with natural light. The main level is highlighted by the tasteful kitchen renovation done in 2022 featuring white, quartz countertops, custom cabinetry, and new stainless steel appliances. The light and airy seal of the main floor spills into the finished den offering windows on three sides as a flexible space - e.g., work from home, play area, or a secondary sitting room with green views to the landscaped yard. Upstairs, you will find three well proportioned bedrooms with recently-refinished wood floors and two full baths. The master bath was renovated in 2024 with high-end designer tile, walk-in shower, and ergonomic storage. The first level down only adds to the efficiency of spatial organization in the home. The large rec room is a flexible space with recessed lights and above-grade windows, maintaining good natural light. A guest room and half bath are also featured on this level in addition to the laundry room, which is spacious and convenient. A rare fourth level only adds to the value proposition within the home. The unfinished basement is dry and maintains good ceiling height, offering valuable storage space and an opportunity to add to the total finished square footage. Renovated in 2021, the fully fenced private backyard with low maintenance appeal is grounded in the sweeping patio and turf laid play space. All of this in a tremendous location with easy access to all commuting routes, the Chevy Chase Lake development, and Chevy Chase Recreation Association (pool, clubhouse with food, tennis courts and tot lot). Book your showing today as this home will be gone before you know it!
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| May 8, 2017 | Sold | ||
| Sold | |||
| Sep 1, 1999 | Sold | ||
| Sold | |||
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About Chevy Chase
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017