13700 MODRAD WAY #8A22
About This Property
Sun filled living room offers a wood burning fireplace and built ins plus a slider to the balcony. One bedroom is off the living room area. The updated kitchen features stainless steel appliances (new dishwasher on order), upgraded cabinets, custom backsplash and an in unit washer dryer. The large dining area is just off the kitchen. Two more bedrooms and baths are on the other side of the unit. The hall bath is upgraded with granite counters and updated vanity. The second bedroom is a generous size. The corner owner suite has wood floors and a luxury bath ensuite featuring a large vanity with granite counters and tub plus a walk in closet.
Other updates include upgraded lighting fixtures, wood blinds and a ceramic tile floor in the kitchen.
The Vineyards offers an outdoor pool, gym and party/community room. There is plenty of parking.
This is a fabulous commuting location, minutes to ICC, I-95 and Route 29 Columbia Pike so you can quickly get to either Baltimore or Washington DC. Briggs Chaney Park and Ride is close by for bus access to Metro and just a 20 minute drive to Wheaton - Glenmont Metro.
Nearby Fairland Recreational Park with 322 acres on Montgomery County side, of which only 39 acres are developed with athletic fields and courts. The remaining parkland is preserved in its natural state. On the Prince George's County side the park is home to the Fairland Sports and Aquatic Complex. The Park has 10+ miles of fast, flowy multi-use natural surface trails as well as several miles of paved paths.
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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 |
|---|---|---|---|
| Jun 20, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by RE/MAX Realty Services | $230,000 | |
| Listed by RE/MAX Realty Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$260,000
2 Bed
2 Bath
1000 ft²
|
$244,000
-6.15%
12/12/2025
|
Xun Yu
Samson Properties
| |
|
06/28/2023
|
2 Bed
|
2 Bath
|
950 ft²
|
$205,000
2 Bed
2 Bath
950 ft²
|
$226,000
+10.24%
07/18/2023
|
Dusty Ellinger
ExecuHome Realty
| |
|
05/19/2022
|
3 Bed
|
2 Bath
|
1182 ft²
|
$230,000
3 Bed
2 Bath
1182 ft²
|
$251,000
+9.13%
06/20/2022
|
Robert Myers
RE/MAX Realty Services
| |
|
08/19/2021
|
1 Bed
|
1 Bath
|
864 ft²
|
$179,900
1 Bed
1 Bath
864 ft²
|
-
-
|
Kelly Glen
KW Metro Center
| |
|
06/08/2020
| |
2 Bed
|
2 Bath
|
-
|
$180,000
2 Bed
2 Bath
|
-
-
|
-
|
|
12/19/2019
|
2 Bed
|
2 Bath
|
950 ft²
|
$180,000
2 Bed
2 Bath
950 ft²
|
-
-
|
-
|
Building Info
About Fairland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017