1200 HIGHLAND DRIVE
About This Property
Open Sunday, 4/13, from 2 - 4PM
Located in beautiful and convenient Woodside Park, you will be wowed by the presence of this home. Mature landscaping is beautifully enhanced by the stone walls and flagstone patio off the inviting sunroom. A new lot line natural hedge is protected from unwanted water run-off by a custom curb. An underground irrigation system provides drought protection. The Buckingham slate roof with snowguards and custom copper gutters have been inspected annually. Downspouts carry run-off water via underground pipes to the street. A full-house generator provides emergency power. Plentiful driveway parking, provides easy access to the attached garage, and inside access to the home.
Inside, you will love the bright rooms with loads of great features, including fantastic period woodwork, an amazing, curved staircase, large formal rooms, multiple closets and hardwood floors throughout.
The main level is flooded with sunshine by large windows in the living room and dining room. An enclosed porch with a beautiful slate floor, invites natural light. It also features a bedroom suite with a recently upgraded full bath. The updated kitchen has custom cabinets, countertop lighting, gas cooktop with down-draft exhaust fan, wall oven and microwave, Sub-Zero fridge, Miele dishwasher, plus a charming breakfast nook and spacious pantry. Don't miss the useful laundry chute, accessible from both the kitchen and 2nd floor to the basement laundry room. Interior access to the attached garage is via an enclosed alcove from the kitchen.
Upstairs, you'll find 3 nicely sized bedrooms, and 2 full baths (one is en-suite for the primary bedroom). One bedroom has a walk-in closet, which provides access to a very spacious walk-in Cedar closet plus the hand laundry chute. A bonus room provides the perfect space for an office or a nursery.
The tiled lower level features a main room with a closet and a naturally cooled wine closet, a very spacious laundry room, half-bath, and a potential bedroom and full closet with a hardwood floor. The enclosed furnace room houses an upgraded gas-fired furnace and gas hot-water heater, storage cabinets and shelving. Cooling is via a separate CAC system. An automatic whole house generator completes the utility equipment.
This bucolic but close-in Silver Spring neighborhood provides easy access to the Metro, Shops and restaurants, too.
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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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by Compass | $1,229,000 | |
| Listed by Compass | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017