A wonderful example of mid-century architecture, this exceptional
home offers over 5,000 square feet of generous, flexible living
space tucked away on a broad, sunny ¾-acre lot framed by mature
azaleas and perennial gardens. A peaceful and remarkably quiet
retreat, it feels almost like living in the country, yet sits just
2 miles from both 495 and local shopping at Potomac Village, with
convenient the bus service to downtown Bethesda and Bethesda Metro.
On the main level, walls of windows bring in abundant natural light
and showcase the timeless character that makes mid-century homes so
appealing. The retro charm also includes three fireplaces, a
paneled den (great guest space?) and family room and beautifully
preserved original tiled bathrooms that mid-century design purists
will adore (a true find for those who don't want to update
bathrooms). Custom natural cherry cabinets and shelves and
top-of-the-line appliances make gourmet cooking a breeze in the
chef's kitchen equipped with a Sub-Zero refrigerator, Miele
dishwasher and chef-worthy, professional-grade BlueStar gas range
(along with a second Bosch oven), all flowing seamlessly into a
three-sided sunroom and outdoor veranda overlooking the expansive
yard -- enjoy morning coffee, afternoon cocktails and evening
barbecues in this wonderful space. Complete with a versatile
walk-out lower level featuring a family room, fourth bedroom, full
bathroom, and kitchenette, as well as an elevator making this home
perfect for intergenerational living. The oversized garage is a
rare find offering plenty of space for sports equipment or garden
tools and the ample storage and extra rooms throughout the lower
level will make hobbyists and crafters happy -- or, finish and
modernize the space to add guest areas, a home office, or home gym.
Major recent updates include the roof 2023, water heater 2024 and
furnace 2021. The highly desirable location in the top-rated
Churchill school district make this property an extraordinary
offering.
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.
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