8323 SHADY SPRING DRIVE
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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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed | $424,950 | |
| Listed | |||
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Rare Find in Montgomery County! Welcome to the highly sought-after Mineral Spring Village in Gaithersburg! Nestled in a quiet and friendly community, this beautiful single-family home offers all the bells and whistles you've been dreaming of. Features You'll Love: 4 Bedrooms & 2 Full. Bathrooms – Bright and airy with a semi-open floor plan. One-Level Living – Ideal for convenience and accessibility. Lots of Natural Light – Large windows create a warm and inviting atmosphere. Plenty of Parking – No more worries about space. Townhouse Price for a Single-Family Home! Enjoy all the nearby amenities, including playgrounds, tennis courts, multiple tot lots, and scenic walking & biking trails. This is a peaceful and welcoming neighborhood, perfect for relaxation and recreation. Unbeatable Location: Minutes to ICC-200, I-270, and Capital Beltway I-495. Easy access to public transportation, Shady Grove Metro, and MARC Train. Close to shopping, dining, and entertainment. Don’t Miss This Unique Opportunity! Schedule your showing today and fall in love with this fantastic home. WELCOME HOME!
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| Jan 8, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2020 | Sold | ||
| Sold | |||
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About Redland
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,350 /mo
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$2,990 /mo
- 3 Beds
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- 2,600 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017