1003 HIGHLAND DR
About This Property
The expanded kitchen features a breakfast bar, space for a table, abundant counter space, a six burner Viking gas stove, oversize Viking refrigerator, beautiful ceiling height wood cabinets, granite counters, an enormous walk-in pantry, stainless steel appliances, and recessed lights.
A home office is tucked away on the finished attic level accessed from the master bedroom as well as from the spiral staircase in the upper hall.
The attached garage has plenty of space for a car, storage, and sports equipment.
An added bonus is the gas powered backup generator in the event of a local power outage .
Any gardener will appreciate the large backyard with its terraced planter beds just waiting for springtime flowers and home-grown summer vegetables. The yard is partially fenced just right for play equipment or family pets. A brick patio adjacent to the screened porch is perfect for the summer cookouts.
This home is ideally located within an easy walk to all the wonderful amenities to enjoy in downtown Silver Spring: the Metro, many restaurants, Whole Foods, the AFI theater and Regal movie theaters, shopping, the popular Fillmore music venue, Saturday farmer's market, and houses of worship.
Woodside Park, located inside the Beltway, is a desirable neighborhood of charming older homes and old-growth trees shading the streets. The area is known for the magnificent azaleas and colorful springtime flowers.
This lovely home is freshly painted, upgraded and ready for you to call "your home."
Pre-offer home inspections welcome. Offers due 9:00 Wednesday 12/20 morning and seller will review at noon.
Open house 12/16 and 12/17. 12-3
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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 |
|---|---|---|---|
| Jan 17, 2024 | Sold | ||
| Sold | |||
| Dec 21, 2023 | In contract | - | |
| In contract | |||
| Dec 13, 2023 | Listed by Long & Foster Real Estate, Inc. | $1,150,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017