9831 HOLLOW GLEN PL
About This Property
Kitchen French slider leads out to lovely two leveled deck and stairs down to lower-level patio for dining alfresco. Second story has gleaming wood floors throughout the four bedrooms. bright hall bath w/ skylight, 3 bedrooms (one used as office with custom built in desk) and large primary owner's suite w/ picture perfect en suite bath w/ skylight, stand-alone tub with tranquil wooded views through plantation shutters, custom tiled walk-in shower with seat, double vanities and skylight. Expansive suite offers two walk-in closets, ample room for larger furniture pieces and custom plantation shutters. Lower level offers large family room space with brick wood burning fireplace and recessed lights with walk out slider to lower-level patio and yard, handsome full hall bath, extra room perfect for extra bedroom, craft room/playroom/ home gym with additional closet space that leads to work shop with more storage area and walk out to rear yard area. Private outdoor space with tiered hardscape and walk ways, surrounded by specimen trees, wooded privacy, greenery & flowering trees/ perennials! Wonderful space for entertaining & grilling in treehouse setting. Less than mile to Forest Glen Metro and the Capital Beltway, on a dead-end private street with easy access to trails that lead to Glenwood Pool, elementary school, & neighborhood parks & playgrounds. Convenient to all major commuter routes.
Extensive hardscape includes a large brick patio, curved brick retaining walls, and brick and slate walkways . Beautiful established plantings include a stunning Japanese Kousa Dogwood, Flowering deciduous Magnolia, Wisteria, Azaleas, Lilac, many perennial beds, an ancient tulip poplar....
There is a huge 2-car garage with plenty of room for additional storage. The long driveway affords 4 additional cars for guests . Very convenient location, about 1/2 mile to Forest Glen Metro, 3 minutes to I-95, quick access to all commuter routes, 1 mile to Seminary Rd/Georgia Ave shops for groceries, drugstore, ice-cream, bagels. Easy access to downtown Silver Spring and Old Town Kensington: Farmers' Market, shops restaurants and theaters.
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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.
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About Forest Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017