11720 LOVEJOY STREET
About This Property
Boasting 3,200 square feet of thoughtfully living space, this home features 4 spacious bedrooms and 3 full bathrooms, making it perfect for both growing households and those who love to entertain. The sunlit interiors feature re-finished hardwood floors, fresh neutral tones, and a layout designed for modern living. At the heart of the home is the kitchen that has a large breakfast room area and a sliding glass door into the yard. Off of the entry foyer, you have two large living rooms - one for a family room with high ceilings and one that can be used for entertaining right off the dining room. This functional design is ideal for everything from weeknight dinners to hosting friends.
Upstairs, the primary suite is a private haven, offering an en-suite bath and generous closet space, with an additional sink/vanity area. The additional bedrooms upstairs provide flexibility for a home office, guest space, and have a convenient full bath in the hallway. The lower level is large enough to accommodate living space and tons of storage. There's even another full bathroom, so you have tons of options depending on your needs.
Outside, the backyard is your personal retreat-a perfect spot for summer barbecues, gardening, or relaxing under the stars. There is also a carport for convenient covered parking for all weather situations!
What truly sets 11720 Lovejoy apart is its unbeatable location. Just minutes from vibrant downtown Silver Spring, you'll have easy access to a variety of restaurants, shops, and entertainment options. The home is conveniently located near I-495, making commutes a breeze, and just a short drive to the Wheaton Metro Station, connecting you to the greater D.C. area. Nearby parks, schools, and local amenities add to the appeal, ensuring that everything you need is within reach!
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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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | Listed by Compass | $750,000 | |
| Listed by Compass | |||
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About Kemp Mill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017