8551 CALYPSO LANE
About This Property
This classic single-family Colonial home offers a fantastic opportunity to update and make it your own. Featuring 4 bedrooms, 2.5 baths and a functional layout, there's plenty of space for comfortable living and entertaining. The main level includes a living area, formal dining room and an eat-in kitchen that opens to a large deck overlooking the fenced-in backyard-perfect for gatherings or relaxing outdoors.
Upstairs, you'll find four generous bedrooms including a primary suite with a private bath. The unfinished walk-out basement provides ample storage and the potential to finish for additional living space. A 2-car garage adds convenience and value. New HVAC for convenienance and comfort.
Ideally located near parks, shopping, I-270, Metro, and the many amenities offered by Gaithersburg, this home combines great bones with a prime location-ready for your personal touch and vision!
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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 |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Relisted | $580,000 | |
| Relisted | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017