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12812 BUSHEY DRIVE
About This Property
The main level welcomes you with a bright formal living room that flows seamlessly into the dedicated dining area, creating an inviting space for both everyday living and special occasions. The kitchen sits at the heart of the home, connecting effortlessly to an expansive family and recreation room where vaulted ceilings and abundant space make it the natural gathering place for movie nights, celebrations, or simply relaxing at the end of the day. Down the hall, three spacious secondary bedrooms share a well-appointed full bathroom, while the thoughtfully added primary suite offers a true retreat with its own private en-suite bath and peaceful separation from the secondary bedrooms.
The lower level adds an entirely new dimension of flexibility. A sprawling recreation space is complemented by an open living and dining area, a convenient kitchenette complete with a gas range and countertop workspace, an additional bedroom, a full bathroom, and a versatile bonus room perfectly suited as a home office, fitness room, playroom, or creative studio. Whether accommodating long-term guests, creating dedicated work-from-home space, or simply enjoying additional room to spread out, this level offers endless possibilities.
Equally impressive are the home's recent improvements, providing both comfort and peace of mind for years to come. The HVAC system and water heater were replaced last year, while the roof is just a year and a half old, allowing the next owner to move in with confidence.
Step outside to discover an outdoor space designed for both entertaining and everyday enjoyment. The fully fenced backyard offers an ideal setting for summer barbecues, outdoor dining, gardening, or play, highlighted by an expansive deck overlooking the yard and a charming gazebo that creates the perfect shaded retreat. Positioned on a corner lot, the property enjoys added privacy, enhanced curb appeal, and an abundance of usable outdoor space rarely found at this price point.
Conveniently located with quick access to the ICC, I-495, and Glenmont Metro, commuting throughout the region is effortless while everyday conveniences remain just minutes away. Enjoy weekends exploring the scenic trails of Wheaton Regional Park, strolling through the renowned gardens at Brookside Gardens, shopping and dining at Westfield Wheaton, or taking advantage of the vibrant restaurants, entertainment, farmers markets, and cultural events found in Downtown Silver Spring. Combining generous living space, versatile design, major system updates, and an exceptional location, this is a home that offers both immediate comfort and lasting value.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017