12344 CHERRY BRANCH DRIVE
About This Property
The main level showcases bamboo flooring with elegant picture-frame detailing and 9-foot ceilings, creating a bright, open flow ideal for entertaining or relaxing at home. The expanded kitchen features upgraded countertops, 42-inch cabinets, stainless steel appliances, a center island, and a spacious dining area. A convenient laundry room just off the kitchen adds to the home's thoughtful design.
Upstairs, the spacious primary suite offers a soaking tub, separate shower, and walk-in closet. Each of the three bedrooms includes its own walk-in closet, and there are three full and one half baths throughout the home.
The finished lower level adds approximately 500 square feet of flexible living space-perfect for a home gym, office, media room, or guest retreat-plus 548 square feet of storage and a full bath.
Step outside to enjoy a low-maintenance composite deck leading to the detached two-car garage. With 2,096 finished square feet above grade and filled with natural light, this home offers more than space-it delivers a lifestyle of connection, convenience, and comfort, just moments from parks, shops, and Clarksburg's top-rated schools.
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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.
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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2025 | Listed by RE/MAX Results | $705,000 | |
| Listed by RE/MAX Results | |||
| Aug 25, 2019 | Listed by Non Subscribing Office | $510,000 | |
| Listed by Non Subscribing Office | |||
| | |||
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Ryan Melville, 3 bedrooms two full baths upstairs, partially finished below ground basement with full bath. Was a rental for 11 years. In lieu of replacing carpet, interior painting and putting granite counters in kitchen, seller accepted offer of $500,000 before it came on the market, $10,000 less than asking.
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| Jul 30, 2019 | Sold | ||
| Sold | |||
| Aug 13, 2004 | Sold | ||
| Sold | |||
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About Clarksburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017