30
Map
12016 VALLEYWOOD DRIVE
About This Property
The main level offers an inviting living room with abundant natural light, a separate dining area, and an updated kitchen with white cabinetry, granite countertops, stainless steel appliances, gas cooking, modern backsplash, and access to the rear yard.
Upstairs, the bedroom level includes three bedrooms and a full bath with fresh finishes. The full lower level provides additional storage, laundry, utility space, and interior and exterior access, offering excellent potential for future use.
Exterior features include a driveway, fenced rear yard, rear deck, storage shed, and usable outdoor space. Additional highlights include a new HVAC system installed in April 2024, new roof installed in May 2025, public water and sewer, and a convenient Silver Spring location with access to nearby commuter routes, shopping, dining, parks, and everyday amenities.
An updated Silver Spring home offering classic charm, practical living space, driveway parking, valuable recent updates, and outdoor functionality.
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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 |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Sep 19, 2026 | Listed by Next Step Realty | $420,000 | |
| Listed by Next Step Realty | |||
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017