7212 GRINNELL DRIVE
About This Property
Just off the kitchen, the cozy family room invites you to relax by the fireplace, framed by beautiful built-in cabinetry. Step outside to the custom deck-conveniently accessible from the main level-and enjoy peaceful moments overlooking your private backyard oasis. The main level also offers a formal dining room for memorable gatherings and a light-filled living room ideal for reading, entertaining, or simply unwinding.
Upstairs, retreat to the spacious primary suite complete with a renovated en-suite bathroom and a generous walk-in closet. Three additional well-sized bedrooms and a beautifully updated full bathroom provide comfort and flexibility for family, guests, or home office space.
The fully finished basement offers even more living space, perfect for movie nights, a play area, or a recreation room. With new flooring, fresh paint, and ample storage, this level is as functional as it is inviting.
Step outside to enjoy the expansive backyard, highlighted by a custom-built water feature that provides tranquil sounds while you dine, relax, or entertain on the new deck.
Major updates include a new furnace (2022), renovated bathrooms, fresh paint throughout, updated lighting, custom deck, and upgraded stainless steel kitchen appliances.
And the location truly completes the package. Conveniently situated just minutes from shopping, grocery stores, locally owned restaurants, Shady Grove Metro, I-270, and the ICC-you're perfectly positioned to enjoy everything Rockville and Derwood have to offer.
Public record reflects total square footage of 3,027.
All measurements are approximate. Property details and square footage should be independently verified, and not used for property valuation.
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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 15, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Price Increased |
$825,000
↑ $25K
(3.1%) | |
| Price Increased | |||
| Mar 8, 2026 | No longer available | - | |
| No longer available | |||
| Feb 27, 2026 | Listed by Compass | $799,999 | |
| Listed by Compass | |||
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About Derwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017