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845 LAKE VARUNA DRIVE
About This Property
The floor plan balances elegance and ease. Formal living and dining set the stage for entertaining, while an expansive family room - anchored by a cozy gas fireplace - flows seamlessly from the kitchen, creating effortless warmth from the moment you walk in.
Upper level offers four generously sized bedrooms and two full baths. Main level includes a powder room. The fully finished lower level, complete with its own full bath, delivers flexible space for a media room, home gym, guest suite, or private retreat.
Outside, a private, tree-lined backyard with deck creates your own sanctuary - perfect for morning coffee, summer evenings, and weekend gatherings.
Set on a picturesque, tree-lined street in one of Montgomery County's most beloved planned communities, this home is steps from the shops, dining, and energy of Kentlands, with the tranquility and neighborly charm that make Lakelands residents never want to leave.
Homes of this size, condition, and location don't come along often. 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 |
|---|---|---|---|
| Sep 11, 2026 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Price Decreased |
$1,174,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by TTR Sotheby's International Realty | $1,199,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Oct 7, 2004 | Sold | ||
| Sold | |||
Property Highlights
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017