12319 MIDDLE ROAD
About This Property
The home has been fully updated with fresh paint, new flooring throughout. The kitchen is completely upgraded with new cabinets, stunning quartz countertops, and all-new stainless steel appliances, including a stove, microwave, refrigerator, dishwasher, washer, and dryer. Both bathrooms have been stylishly renovated to match the home's modern aesthetic. Outside, you'll find a large, flat, fenced-in backyard with fresh new grass-ideal for entertaining, relaxing, or letting pets run freely.
Located in a vibrant community, this home offers unbeatable access to shopping, recreation, and transportation. Just minutes away are shopping centers like Ellsworth Place and Giant Food, along with parks and trails such as Sligo Creek Trail and Acorn Park. The Silver Spring Recreation and Aquatic Center offers year-round activities for all ages. Commuters will appreciate the proximity to the Silver Spring Metro Station, offering access to the Red Line and MARC Train, and the nearby Metropolitan Branch Trail for walking and biking into D.C. This move-in ready home is a perfect blend of convenience, comfort, and investment potential. Don't miss your chance to own a gem in Silver Spring.
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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 Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017