1020 WILLOWLEAF WAY
About This Property
The kitchen features quartz countertops, stainless steel appliances, handsome cabinetry, a pantry, and built-in breakfast seating, opening to a warm and inviting family room with a wood-burning fireplace and stunning wood-beamed ceiling-a perfect blend of character and comfort with access to the rear patio. The main level also offers spacious living and dining rooms and a stylishly renovated powder room.
Upstairs, you'll find four generously sized bedrooms and two beautifully updated baths, including a serene primary suite with cathedral ceilings, a walk-in closet, and a spa-style en suite bath with soaking tub and separate shower.
The finished lower level provides a large recreation space, two additional (ideal for guest rooms or home offices), a full bath, laundry area, and ample storage.
Complete with an attached two-car garage, this exceptional home is just steps from the Rockville Millennium Trail, and offers easy access to I-270, I-495, parks, and premier shopping and dining. Zoned for top-rated Richard Montgomery High School (IB Program), Julius West Middle, and Ritchie Park Elementary.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Price Decreased |
$1,049,000
↓ $51K
(4.6%) | |
| Price Decreased | |||
| Jul 30, 2025 | Listed by Keller Williams Capital Properties | $1,100,000 | |
| Listed by Keller Williams Capital Properties | |||
| Jan 26, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017