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9008 EDGEWOOD DRIVE
About This Property
Nestled in the desirable Rosemont community of Gaithersburg, this spacious ranch-style home offers the convenience of one-level living along with a fully finished walkout lower level. Freshly painted throughout, the main level features a welcoming living room, separate dining area, eat-in kitchen, three generously sized bedrooms, and two updated full bathrooms.
The finished lower level provides exceptional additional living space, highlighted by a large recreation room with a cozy brick hearth fireplace and a level walkout to the patio and rear yard. A spacious fourth bedroom and third full bathroom make an ideal guest suite, home office, or multi-generational living space. The lower level also includes a large laundry and utility room, as well as a separate workshop and storage area offering abundant space for hobbies, projects, and organization.
Additional features include a one year new HVAC System and Water Heater. Replacement double pane windows, and a one-car garage, oversized driveway, and driveway apron providing ample off-street parking for residents and guests alike.
Ideally located just minutes from Route 355, Sam Eig Highway, the Inter County Connector (ICC), I-270, Shady Grove Road, and the Shady Grove Metro area, this home offers outstanding commuter convenience. Shopping, dining, parks, and everyday amenities are all nearby, making this a wonderful opportunity in one of Gaithersburg's most convenient locations.
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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 |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Relisted | $650,000 | |
| Relisted | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Listed by Compass | $700,000 | |
| Listed by Compass | |||
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About Gaithersburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017