10005 PORTLAND RD
About This Property
Charming 3BR/1BA rambler in desirable Four Corners! HWD floors, new crown molding, recessed lighting and fixtures and freshly painted throughout. Finished basement w/ wiring for surround sound. KIT that looks over a completely overhauled backyard designed for entertaining w/ a new privacy fence, two new patios, plantings, and a large shed with built in bar perfect for entertaining during any season. Storage space galore in attic, basement and shed. Commuters dream location between two I-495 exits, and a short distance from the Metro!
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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 |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Real Broker, LLC - McLean | $529,990 | |
| Listed by Real Broker, LLC - McLean | |||
| May 8, 2019 | No longer available | - | |
| No longer available | |||
| Apr 18, 2019 | No longer available | - | |
| No longer available | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017