10132 DALLAS AVENUE
About This Property
The main level welcomes you with a light-filled living room featuring a cozy fireplace-perfect for relaxing evenings. You'll find three generously sized bedrooms on this floor, and a full bath along with a sleek, modern kitchen outfitted with gleaming stone countertops, stainless steel appliances, and elegant wood flooring throughout.
The newly renovated lower level, completed in 2019, expands your living options with a spacious family room, two additional rooms-one of which can easily accommodate a legal egress window-and a stylish second full bath.
Major system updates include a new sewer pipe, roof, and basement flooring (all replaced in 2022), and a new water heater installed in 2018-giving you peace of mind for years to come.
Outside, enjoy a large, flat, fenced backyard that provides endless opportunities for gardening, play, and entertaining.
Ideally located just over a mile from the Metro and only blocks from Sligo Creek trails, this home is perfect for walking, running, or biking enthusiasts. With wonderful community events such as porch-fest, grocery stores, the Woodmoor Shopping Center, and easy access to I-495, this home is as convenient as it is charming.
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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 Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017