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10307 INSLEY STREET
About This Property
This move-in-ready home features an updated kitchen with granite countertops, stainless steel appliances, and a large picture window that fills the space with natural light. Additional highlights include existing hardwood floors on the main level, a cozy fireplace with a wood-burning insert, updated windows, modernized bathrooms, a newer stove, updated hot water heater, HVAC system, and dishwasher.
The finished walk-out basement offers exceptional additional living space, complete with recessed lighting, a full bathroom, high-end flooring, and ample room for entertaining, a home office, or recreation.
Outside, you'll enjoy a spacious backyard with a patio, perfect for relaxing or hosting gatherings, as well as a large storage shed for all your outdoor equipment and storage needs.
Location is everything, and this home delivers. Enjoy easy access to both the Forest Glen and Wheaton Metro stations, providing a convenient commute to Washington, DC and throughout the region. Nearby shopping, dining, and entertainment options abound at Westfield Wheaton, featuring Costco, Target, and numerous restaurants and retail destinations. Residents will also appreciate the close proximity to parks, trails, and recreational amenities, including Wheaton Regional Park and Wheaton Metro Station. The home is just minutes from Downtown Silver Spring, major commuter routes including I-495, and the many shops, restaurants, and entertainment venues found at Downtown Silver Spring. Families will also appreciate access to highly regarded neighborhood schools and the strong sense of community that makes Carroll Knolls such a sought-after neighborhood.
This exceptional home offers the perfect blend of modern updates, comfortable living space, and an unbeatable location. Don't miss your opportunity to own a truly turn-key property in one of Silver Spring's most desirable communities!
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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 Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017