10148 DALLAS AVE
About This Property
Price adjustment $20,000 !
Welcome to this beautifully renovated gem nestled in the desirable South Four Corners neighborhood of Silver Spring. Step inside to a spacious living area filled with abundant natural light showcasing a charming gas insert fireplace and gleaming refinished parquet-hardwood floors. The modern, renovated kitchen opens into a generous dining space with a new contemporary chandelier and offers easy access to a fully fenced, good sized backyard with multiple sheds for all your storage needs.
Enjoy the convenience of the laundry area off the kitchen as well as main level living with all three bedrooms and renovated bathroom located on the main level.
All of this and in the perfect location - a quiet neighborhood street with mature trees, but still close to everything. Blocks to Safeway, shopping, dining, Sligo Creek Park, Argyle Park, South Four Corners Park, Commuters dream near to University Blvd, Route 29, 495 and Forest Glen Metro. One of the best bargains in the area so get ready to see it soon because it will not last!
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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 |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 17, 2024 | Relisted | $479,999 | |
| Relisted | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Price Decreased |
$479,999
↓ $20K
(4%) | |
| Price Decreased | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017