13721 HOBART DRIVE
About This Property
The lower level offers incredible versatility, featuring luxury vinyl plank flooring, a bonus room perfect for an office or guest retreat, and a full bathroom with a walk-in shower. Direct garage access adds convenience and functionality. Step outside to your private backyard oasis-a lush, landscaped haven complete with a shed for extra storage and a massive TRX deck, ideal for entertaining, dining under the stars, or simply enjoying tranquil afternoons surrounded by greenery. Perfectly situated in Silver Spring, this home offers both serenity and accessibility. Residents will enjoy proximity to shopping centers, grocery stores, fine dining, and cafes, as well as convenient commuter routes including ICC-200, Route 29, and I-495, providing seamless access to Washington, D.C., and beyond. This residence delivers modern comfort, timeless elegance, and everyday convenience-a rare find in an unbeatable location.
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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 Colesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017