38
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13210 LUTES DRIVE
About This Property
While the home has not been recently remodeled, it has been well maintained and is in good condition, offering a great opportunity for the new owner to add their own personal touches. Major improvements include a new roof installed in 2025, HVAC replaced in 2021, a brand-new deck, and a newly built two-car garage.
Conveniently located near Glenmont Metro, Aspen Hill Shopping Center, Wheaton Regional Park, Brookside Gardens, shopping, dining, and public transportation. Easy access to Georgia Avenue, ICC/Route 200 and I-495 makes commuting throughout Montgomery County and the Washington, D.C. area convenient.
A wonderful opportunity to own a spacious home on a generous lot in a convenient Silver Spring location. Don't miss it!
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$630,000
↓ $45K
(6.7%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Long & Foster Real Estate, Inc. | $675,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Feb 4, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017