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232 PARKVIEW AVENUE
About This Property
The main living level is bright and inviting, with an open-concept layout, rich hardwood floors, and abundant natural light. At the heart of the home, the gourmet kitchen features granite countertops, maple cabinetry, stainless steel appliances, and a large center island with seating. The kitchen flows seamlessly into the dining area and living room, creating a comfortable and connected setting for gatherings both large and small.
The upper level provides a peaceful retreat with two generously proportioned bedrooms, including a spacious primary suite with a private ensuite bathroom and walk-in closet. The second bedroom also features a walk-in closet and is served by an additional full bathroom. Convenient upper-level laundry adds to the home's everyday functionality.
The lower living level offers exceptional flexibility, with a third bedroom, a refreshed full bathroom, and a separate den that can serve as a home office, media room, playroom, fitness space, or additional sitting area. This level is particularly well suited for guests, extended family, or anyone seeking a more private living arrangement.
The lowest level includes a rear-entry two-car garage and a dedicated storage room, providing convenient parking and valuable additional storage.
Residents of Parklands at Watkins Mill enjoy an impressive collection of community amenities, including a clubhouse, outdoor pool, fitness center, tennis courts, playgrounds, and scenic walking trails. With the pool and clubhouse located just across the way, these amenities feel like a natural extension of the home. Ideally positioned near I-270, the MARC Train, Downtown Crown, Rio Lakefront, Kentlands, and an extensive selection of shopping and dining, 232 Parkview Avenue offers an exceptional combination of contemporary comfort, flexibility, and convenience in one of Gaithersburg's most desirable communities.
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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