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1102 MEURILEE LANE
About This Property
A true entry foyer - complete with custom built-in cubbies and exceptional everyday functionality - creates a warm and welcoming arrival while offering the kind of practical organization rarely found in homes of this era.
The heart of the home is the stunning renovated kitchen, featuring crisp white cabinetry, generous prep and gathering space, and seamless flow into the dining and living areas - ideal for both everyday living and entertaining. Multiple living spaces provide flexibility for today's lifestyle, while warm hardwood floors, a fireplace, and abundant natural light create an inviting sense of comfort throughout.
Upstairs, the luxurious primary suite retreat is a true standout, offering impressive scale rarely found in the neighborhood, complete with a beautifully updated ensuite bath and abundant closet space. Three additional bedrooms and renovated baths provide room to grow, host, work, or unwind with ease.
The finished lower level adds even more versatility with additional recreation, guest, or office space plus a full bath, while abundant storage space offers exciting potential for future expansion into additional living space or a possible fifth bedroom.
Outside, enjoy the spacious deck and private backyard setting perfect for dining al fresco, entertaining, or quiet evenings at home.
Ideally situated just 0.2 miles from beloved Sligo Creek Park, this location offers an exceptional connection to nature and recreation with miles of scenic hiking and biking trails, playgrounds, tennis courts, picnic areas, and peaceful creekside green space right outside your door. Enjoy easy access to the popular summer concert series at Sligo Creek Golf Course and convenient proximity to the Woodmoor Shopping Center both approximately 1 mile away, as well as Trader Joe's, 1.5 miles from the home. Commuters will appreciate close access to both the Forest Glen and Wheaton Metro stations, each approximately 2 miles away, offering convenient connectivity to Downtown Silver Spring, Washington, DC, and beyond. Whether enjoying a morning run, weekend bike ride, evening stroll, or community events throughout the year, the lifestyle here is as special as the home itself.
Conveniently located near shopping, dining, and commuter routes, 1102 Meurilee Lane combines timeless character with the modern space, functionality, and lifestyle today's buyers crave.
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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