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882 DIAMOND DRIVE
About This Property
Welcome to this beautifully maintained home located in the desirable Diamond Courts neighborhood of Gaithersburg. Nestled on a generous 0.23-acre corner lot at the end of a peaceful dead-end street, this home offers privacy, space, and easy access to scenic walking trails.
Enjoy over 2,800 square feet of living space across three levels, featuring 4 bedrooms, 3.5 bathrooms, and an attached carport. Freshly painted throughout, the home is move-in ready with newly refinished hardwood flooring adding warmth and charm.
The main level includes a welcoming foyer, formal living and dining rooms, and a spacious eat-in kitchen with ample cabinetry and a peninsula with breakfast bar seating-perfect for casual dining. A large family room has access to the carport and backyard with concrete patio.
Upstairs, the refinished hardwood flooring continues throughout. The primary suite boasts a double closet and a private ensuite bath with a walk-in shower and beautiful tilework detail. The additional bedrooms are generously sized and share a full hall bath with an oversized vanity and a tub/shower combo.
The lower level is partially finished and ideal for entertaining or relaxing, featuring a huge rec room with durable LVP flooring, a wall-to-wall brick wood-burning fireplace, and a walk-out to the backyard. This level also includes a full bath, and large utility room with laundry area.
Located within walking distance to Diamond Elementary and just minutes from local shopping, dining, and entertainment options. Commuters will love the quick access to major highways and public transit.
Don't miss the opportunity to own this spacious, well-maintained home in a prime Gaithersburg location!
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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.
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017