$450,000
●
House -
Off Market
7352 DAMASCUS ROAD
GAITHERSBURG, MD 20882
3 Beds
1 Bath
972 Ft²
$2,415
Est. Monthly
8.11%
Cap Rate
About This Property
Amazing 3 Bedroom Home with over a Half an Acre of Land! This home
is beautifully maintained and updated. Updates include HVAC 2022,
HWH 2020, Roof 2020, Water Treatment System - Soda Ash Injector
2020, Fence 2019, Shed with Solar Panel Electricity 2021, Gravel
Parking Pad 2021, Front Porch 2021, New Gutters and Fascia Board
2022, Dishwasher 2022, and so much more. Backyard is very private,
level and fully fenced. Deck has a gazebo to enjoy your morning
coffee or afternoons and evenings. Front yard is also fenced. Large
shed with solar powered electricity. Inside is fully updated with
recessed lights, modern ceiling fans, stainless appliances, etc.
Both the primary bedroom and the living room have vaulted ceilings.
Home is located just up the road from the Etchison Country Store
and Two Story Chimney Ciderworks. Also close to downtown
Damascus and Laytonsville. This home is a must see!
Unit Size
972 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$437
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1971
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #MDMC2139896)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by MYREALTYTEAM Real Estate LLC | $425,000 | |
| Listed by MYREALTYTEAM Real Estate LLC | |||
| | |||
|
Amazing 3 Bedroom Home with over a Half an Acre of Land! This home is beautifully maintained and updated. Updates include HVAC 2022, HWH 2020, Roof 2020, Water Treatment System - Soda Ash Injector 2020, Fence 2019, Shed with Solar Panel Electricity 2021, Gravel Parking Pad 2021, Front Porch 2021, New Gutters and Fascia Board 2022, Dishwasher 2022, and so much more. Backyard is very private, level and fully fenced. Deck has a gazebo to enjoy your morning coffee or afternoons and evenings. Front yard is also fenced. Large shed with solar powered electricity. Inside is fully updated with recessed lights, modern ceiling fans, stainless appliances, etc. Both the primary bedroom and the living room have vaulted ceilings. Home is located just up the road from the Etchison Country Store and Two Story Chimney Ciderworks. Also close to downtown Damascus and Laytonsville. This home is a must see!
| |||
| Mar 13, 2018 | Sold | ||
| Sold | |||
| Dec 7, 2017 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Montgomery
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Listed by: Ibi Teleki Sofillas
MYREALTYTEAM Real Estate LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2139896
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
MYREALTYTEAM Real Estate LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2139896
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Address: 335 Madison Avenue, New York, NY 10017