3131 CASTLELEIGH ROAD
About This Property
Rarely available, this traditional brick and stone rancher with a full walk-out basement offers a wonderful opportunity to make a home your own. Set back from the road in an established Montgomery County neighborhood, the property is surrounded by mature trees and landscaping, creating a private setting while remaining convenient to shopping, amenities, and major commuter routes into Washington, D.C.
A custom brick walkway and welcoming entrance steps lead to a classic sixties exterior featuring brick, stone, and vinyl siding.
Inside, the main level offers three bedrooms and two full baths, including a private ensuite bath in the primary bedroom; not always found in mid-century homes. Fresh paint, original hardwood floors, and large windows bring warmth and abundant natural light throughout the home.
The amply- sized kitchen offers a generous footprint for updating, with plenty of room to incorporate a peninsula or additional workspace. Windows, not new, were replaced.
The full walk-out lower level significantly expands the possibilities. With a half bath already in place, this spacious, unfinished area is an open canvas for a recreation room, home office, gym, guest space, or an additional bedroom. The fireplace chimney exterior was rebuilt (above roof level) in 2025, and the exterior door opens to a covered concrete patio and fenced rear yard.
An estate sale with solid bones, generous space, and tremendous potential all in a convenient Montgomery County location.
Some faucets, appliances and toilets do not work or are leaking. Not likely to pass FHA Appraisal.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Aug 15, 2026 | Listed by RE/MAX Executive | $475,000 | |
| Listed by RE/MAX Executive | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Calverton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,500 /mo
- 5 Beds
- 5 Baths
- 6,179 ft²
$2,600 /mo
- 3 Beds
- 1 Bath
- 1,134 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017