12216 CHARLES ROAD
About This Property
Enjoy three bedrooms and two bathrooms, a finished basement, and inviting outdoor living with a generous, fenced-in yard and covered patio-ideal for relaxing evenings, entertaining guests, and taking in beautiful sunset views. In the spring, the yard comes alive with blooming azaleas and trees, creating a serene outdoor retreat.
Ideally situated, this unbeatable location puts shopping, dining, and recreation right at your fingertips-from Ellsworth Place and Giant Food to Sligo Creek Trail and Acorn Park. The Silver Spring Recreation and Aquatic Center offers year-round fitness and fun, while commuters will appreciate being minutes from the Silver Spring Metro Station with Red Line and MARC, and easy access to major throughways.
Perfect size, perfect location! This charming home awaits your personal touches to become exactly what you've been dreaming of. Schedule your tour today - opportunities like this don't last long!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Jan 6, 2026 | Price Decreased |
$495,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Nov 21, 2025 | Listed by EXP Realty, LLC | $515,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017