10425 SWEEPSTAKES ROAD
About This Property
The large living room features plenty of natural light, flowing into a separate dining room with sliding glass doors to the deck. The kitchen features stainless steel appliances, including a French-door refrigerator, smooth-top range, built-in microwave, and dishwasher, with tile flooring, abundant cabinetry, and a breakfast bar for casual seating. Just off the kitchen is its own breakfast room - the perfect spot for morning coffee.
Three bedrooms complete the main level, including the primary bedroom with its own ensuite bath. The two additional bedrooms are both generously sized, and the hall bath has been fully renovated with tile flooring, a tiled tub-shower, and a furniture-style vanity.
Downstairs, the fully finished walkout lower level nearly doubles the living space. A large recreation room centers on a wood-burning fireplace with a classic mantel, with sliding glass doors opening directly to the rear patio. A large bedroom with full-size windows sits off the rec room, along with a full bath featuring a tiled walk-in shower - an ideal guest suite, in-law setup, home office, or gym. A wall of closets plus a dedicated storage area means there is room for everything.
The outdoor living here is a real showstopper. The upper deck is big enough for a full dining set and container garden, with total privacy. Below, a pavered patio tucked beneath the deck holds a hot tub, with space left over for lounge chairs and a bistro set. Beyond, the fenced rear yard is level, beautifully maintained, and framed on all sides by towering evergreens - a rare degree of seclusion for a neighborhood setting. An oversized 1-car attached garage and a long private driveway provide ample parking and storage.
Major items are already handled: newer architectural shingle roof, newer windows, new flooring, new carpet, and fresh paint throughout.
Location is a standout. Damascus sits at the northern edge of Montgomery County along the Agricultural Reserve, offering rolling farmland, quiet streets, and a genuine small-town feel while remaining well connected. Route 27 and nearby I-270 make for straightforward trips to Germantown, Gaithersburg, Rockville, and Frederick, and MARC service at Germantown adds a commuting option. Everyday needs are minutes away in Damascus and Clarksburg, including grocery stores, restaurants, and the Clarksburg Premium Outlets. Outdoor recreation is close at hand with Damascus Recreational Park, Little Bennett Regional Park, Black Hill Regional Park, and Sugarloaf Mountain all nearby, plus the Damascus school cluster.
A rare combination of updates, space, privacy, and location. Schedule your showing today.
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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%.
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017