24020 LAYTONSVILLE ROAD
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by RE/MAX Town Center | $725,000 | |
| Listed by RE/MAX Town Center | |||
| | |||
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Set on a tranquil, tree-lined lot spanning over 1.6 acres, this inviting single-family home offers privacy, space, and a peaceful retreat in a desirable Laytonsville/Gaithersburg setting. Surrounded by mature trees and natural beauty, the property provides a serene atmosphere while remaining conveniently located near major commuter routes and local amenities.
The home features three bedrooms and two and a half baths, along with a dedicated office ideal for remote work or study. The beautifully updated kitchen serves as the heart of the home, showcasing modern fixtures, quartzite countertops, a center island, and stainless steel appliances — perfect for both everyday living and entertaining.
Multiple living spaces include a spacious family room and a sunroom filled with natural light, offering relaxing views of the surrounding landscape. Two fireplaces add warmth and character, including one wood-burning fireplace and one wood stove, creating cozy gathering spaces throughout the home.
The unfinished basement provides excellent storage and future finishing potential, while the attached two-car garage offers convenience and additional storage. Outdoors, a hardscape backyard patio creates the perfect setting for entertaining, dining al fresco, or simply enjoying the peaceful, wooded surroundings.
With its expansive lot, versatile interior spaces, and serene setting, this property presents a rare opportunity to enjoy privacy and acreage living while remaining close to the conveniences of Gaithersburg and Montgomery County.
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| Nov 23, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by RE/MAX Realty Services | $450,000 | |
| Listed by RE/MAX Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017