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124 ENGLEFIELD DRIVE
About This Property
Step inside to a dramatic two-story foyer and a main level featuring hardwood floors, neutral paint, and crown molding. A spacious dining room with bowed windows provides an ideal setting for entertaining, while morning light brightens the front of the home.
The updated kitchen features white cabinetry, marble-look tile flooring, stainless steel appliances, a beverage fridge, and a center island with space for seating. The kitchen opens to the inviting family room with a fireplace and sliding door to the deck.
Upstairs, the spacious primary suite features vaulted ceilings, and a renovated en suite bath with dual sinks, a soaking tub, a glass-enclosed walk-in shower, and 2 closets. Three additional bedrooms share a large hall bathroom with double sinks and a tub/shower. Hardwood flooring continues through the upper-level hallway.
The finished walk-out basement includes a large recreation room and a fifth bedroom, ideal for a gym, a home office, or flexible living space.
Additional highlights include updated bathrooms throughout, fenced backyard, 2-car garage with ample storage, water heater replaced in 2022, and washer and dryer replaced in 2024.
Washingtonian Woods residents enjoy a community pool, tennis and basketball courts, and 22 acres of walking trails, all included in the HOA. The neighborhood also hosts community events throughout the year including movie nights, Food Truck Fridays, yoga, book club, Fall Fest, costume parties, and a holiday cookie exchange.
Conveniently located near Kentlands, Downtown Crown, Rio, and Fallsgrove, with easy access to shopping, dining, entertainment, I-270, and I-370.
Please view the virtual tour for a 3D walk-through experience!
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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%.
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.
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017