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1024 DEVERE DRIVE
About This Property
The main level features high ceilings, generous living and dining spaces, and a beautifully renovated kitchen with white cabinetry, quartz countertops, stainless steel appliances, and plenty of storage. A three-season room opens to the private, fully fenced backyard-perfect for entertaining or relaxing outdoors.
Upstairs, the extra-large primary suite includes an ensuite bath with walk-in shower and ample closet space. A second bedroom and full hall bath complete the upper level. Downstairs, a bright family room surrounded by windows leads to a third bedroom, another full bath, and excellent storage.
The fourth level offers even more flexibility with wide-plank flooring and an open space perfect for a home office, playroom, gym, or additional living area, plus a separate laundry room and direct backyard access.
Major updates include the renovated kitchen (2022), roof and gutters (2021), and lower-level renovation (2017).
Ideally located in Silver Spring's White Oak area, the home is within walking distance of Northwest Branch, Cresthaven Elementary and Francis Scott Key Middle School and just minutes from the planned Viva White Oak development, bringing new retail, dining, and amenities to the neighborhood. Easy access to major commuter routes, shopping, and restaurants makes the location even better.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Listed by TTR Sotheby's International Realty | $685,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Jun 8, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | In contract | - | |
| In contract | |||
| May 19, 2023 | Listed by TTR Sotheby's International Realty | $600,000 | |
| Listed by TTR Sotheby's International Realty | |||
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About White Oak
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017