10033 DALLAS AVE
About This Property
The expansion extends upstairs to create a new primary bedroom suite including Container Store closet systems, and an en suite that is tastefully appointed, showcasing modern fixtures, elegant tile work, and luxurious finishes. A 2nd level laundry room eliminates the hassle of carrying laundry up and down the stairs. Three more bedrooms and one additional hallway bathroom round off the top floor of the house.
The hardscaped oasis off the family room is a true gem, offering a private sanctuary for entertaining guests or simply unwinding after a long day. The finished basement features a rec room, full bathroom, and additional storage space. In the utility room you'll find two new HVAC systems (2022), and a newer water heater.
Located in the desirable South Four Corners neighborhood of Silver Spring, this home offers the perfect balance between tranquility and convenience. Enjoy easy access to nearby parks, shops, and restaurants, while also benefiting from a quiet residential setting. Commuting is a breeze with convenient access to 495, 29, and the Forest Glen metro.
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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%.
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017