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3 PAVILION DRIVE
About This Property
The heart of the home is the gourmet kitchen, complete with granite countertops, a peninsula with additional seating, stainless steel appliances, maple cabinetry, and recessed lighting-perfect for both everyday living and entertaining. Just off the kitchen, you'll find a stunning 20x18 family room addition that provides an expansive gathering space filled with natural light.
The lower level is finished with durable LVP flooring and features a cozy wood-burning fireplace, ideal for relaxing evenings. Additional highlights include a 2-car carport and the peace of mind that comes with conversion from oil to natural gas for improved efficiency.
With its ideal location, generous living spaces, and thoughtful upgrades throughout, this home truly has it all. Welcome home!
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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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by RE/MAX Realty Group | $765,000 | |
| Listed by RE/MAX Realty Group | |||
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017