$305,000
●
Condo -
Off Market
14800 PENNFIELD CIR #402
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,092 Ft²
$318,888
RealtyHop Estimate
-0.04%
Since Nov 1, 2023
DC-Washington
Primary Model
About This Property
Welcome to one of the finest 55+ Senior Citizens Community located
in Maryland, you are finally home when you enter the wonderful
community of Leisure World. This unit is located at Villa Cortese
one of the newer neighborhoods and a lot of upgrades have been done
for your comfort. This unit comes with a GARAGE (space # 15) AND
STORAGE SPACE (#402), ALL NEW KITHCEN APPLIANCEs, NEW COUNTER TOPS,
NEW HARDWOOD FLOOR IN KITCHEN, NEW CARPET THROUGHOUT, COSMETIC
UPDATES IN BOTH BATHROOMS AND LIGHTING UPGRADES THROUGHOUT. This
unit consist of 2 large bedrooms and 2 large bathrooms topped with
a huge balcony. Lovely kitchen, dining and living room areas, with
a ton of storage, closet space and of course your in-unit
washer/dryer. No time to be bored in Leisure World, as too many
activities: indoor/outdoor pool, arts and crafts, woodshop, tennis
courts, golf course, art club, gardening, book club, library,
restaurants and the list continues... Medstar Health on Site,
Travel Service, Credit Union, Post Office and a host of other
services at your finge- tips. Just a walk/jog/ride or drive to the
Leisure World Plaza outside the community where you'll find shops
and restaurants for all your needs. ALL THIS AND MORE AWAITS YOU,
COME TAKE A LOOK.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
-
Price per sqft
$292
Property Type
Condo
Property Taxes
$204
HOA Dues
-
Year Built
1994
Payment Calculator
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDMC2105824)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Oct 19, 2023 | In contract | - | |
| In contract | |||
| Sep 2, 2023 | Listed by Weichert, REALTORS | $319,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Garage Features: Inside Access
Parking Features: Parking Garage, Parking Lot
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on Main Level: 2
Interior Features: Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Combination Dining/Living, Pantry, Primary Bath(s), Sprinkler System, Tub Shower, Walk-in Closet(s)
Living Area Square Feet Source: Assessor
Laundry Type: Dryer In Unit, Washer In Unit
Exterior Details
Property Manager Present
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Combination
Unit Building Type: Garden 1 - 4 Floors
Outdoor Living Structures: Patio(s), Screened
Community Pool
Tidal Water: N
Land Assessed Value: $215,000
Finished Square Feet: 1092
Finished Square Feet Source: Assessor
Financial Details
County Tax: $2,373
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $215,000
Tax Year: 2023
Tax Annual Amount: $2,446
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Common Area Maintenance, Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash
HOA/Condo/Coop Amenities: Art Studio, Bank / Banking On-site, Bar/Lounge, Billiard Room, Club House, Common Grounds, Community Center, Exercise Room, Extra Storage, Fitness Center, Gated Community, Golf Club, Jog/Walk Path, Library, Meeting Room, Pool - Indoor, Pool - Outdoor, Swimming Pool, Tennis Courts
Condo/Coop Fee: $840
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/15/2026
|
2 Bed
|
2 Bath
|
1092 ft²
|
$240,000
2 Bed
2 Bath
1092 ft²
|
$240,000
07/29/2026
|
Theresa Dowdall
RE/MAX Realty Centre, Inc.
| |
|
08/06/2025
|
2 Bed
|
2 Bath
|
1157 ft²
|
$350,000
2 Bed
2 Bath
1157 ft²
|
$350,000
11/04/2025
|
Tracy Onslow
RE/MAX Realty Centre, Inc.
| |
|
10/29/2024
|
2 Bed
|
2 Bath
|
1350 ft²
|
$275,000
2 Bed
2 Bath
1350 ft²
|
$275,000
11/15/2024
|
Maurita Bostic
Long & Foster Real Estate, Inc.
| |
|
07/08/2024
|
2 Bed
|
2 Bath
|
1487 ft²
|
$364,900
2 Bed
2 Bath
1487 ft²
|
$355,000
-2.71%
07/29/2024
|
Meyer Leibovitch
The Agency DC
| |
|
06/27/2024
|
3 Bed
|
3 Bath
|
1628 ft²
|
$389,000
3 Bed
3 Bath
1628 ft²
|
$377,330
-3.00%
07/31/2024
|
MICHAEL PARENT
Weichert, REALTORS
| |
|
09/02/2023
|
2 Bed
|
2 Bath
|
1092 ft²
|
$319,000
2 Bed
2 Bath
1092 ft²
|
$305,000
-4.39%
10/31/2023
|
Felecia Green Brissett
Weichert, REALTORS
| |
|
04/21/2023
|
2 Bed
|
2 Bath
|
1350 ft²
|
$297,000
2 Bed
2 Bath
1350 ft²
|
$289,000
-2.69%
06/22/2023
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
01/07/2023
|
2 Bed
|
2 Bath
|
1158 ft²
|
$275,000
2 Bed
2 Bath
1158 ft²
|
$275,000
03/30/2023
|
Carolyn Simpkins
Weichert, REALTORS
| |
|
05/13/2022
|
3 Bed
|
3 Bath
|
1628 ft²
|
$425,000
3 Bed
3 Bath
1628 ft²
|
$393,000
-7.53%
07/15/2022
|
Eve Marinik
Douglas Realty
| |
|
03/24/2021
|
2 Bed
|
2 Bath
|
1092 ft²
|
$235,000
2 Bed
2 Bath
1092 ft²
|
$220,000
-6.38%
04/26/2021
|
Linda Sansbury
Weichert, REALTORS
| |
|
10/16/2020
|
2 Bed
|
2 Bath
|
1092 ft²
|
$226,000
2 Bed
2 Bath
1092 ft²
|
$223,500
-1.11%
12/03/2020
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
08/12/2020
|
2 Bed
|
2 Bath
|
1092 ft²
|
$215,000
2 Bed
2 Bath
1092 ft²
|
$205,000
-4.65%
10/28/2020
|
Lisa H Galloway
Heymann Realty, LLC
| |
|
01/03/2019
| |
1 Bed
|
2 Bath
|
-
|
$149,000
1 Bed
2 Bath
|
-
-
|
-
|
|
06/18/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
04/24/2017
|
2 Bed
|
2 Bath
|
1490 ft²
|
$349,900
2 Bed
2 Bath
1490 ft²
|
$330,000
-5.69%
06/09/2017
|
Sue Heyman
Weichert, REALTORS
| |
|
09/26/2016
|
2 Bed
|
2 Bath
|
1152 ft²
|
$199,000
2 Bed
2 Bath
1152 ft²
|
$202,000
+1.51%
03/29/2017
|
Eunice J Phillips
Weichert, REALTORS
| |
|
02/19/2016
|
2 Bed
|
2 Bath
|
1350 ft²
|
$245,000
2 Bed
2 Bath
1350 ft²
|
$245,000
04/06/2016
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
10/22/2015
|
2 Bed
|
2 Bath
|
1487 ft²
|
$324,900
2 Bed
2 Bath
1487 ft²
|
$316,000
-2.74%
12/17/2015
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
06/03/2015
|
2 Bed
|
2 Bath
|
1153 ft²
|
$212,000
2 Bed
2 Bath
1153 ft²
|
$220,000
+3.77%
06/30/2015
|
Sue Heyman
Weichert, REALTORS
| |
|
03/30/2015
|
2 Bed
|
2 Bath
|
1295 ft²
|
$199,000
2 Bed
2 Bath
1295 ft²
|
$190,000
-4.52%
06/05/2015
|
Sue Heyman
Weichert, REALTORS
| |
|
05/12/2014
|
2 Bed
|
2 Bath
|
1152 ft²
|
$194,900
2 Bed
2 Bath
1152 ft²
|
$191,000
-2.00%
07/21/2014
|
Rita McCoy
Weichert, REALTORS
| |
|
04/24/2012
|
2 Bed
|
2 Bath
|
1157 ft²
|
$199,000
2 Bed
2 Bath
1157 ft²
|
$175,000
-12.06%
07/17/2012
|
Lynda Bloom
Weichert, REALTORS
|
Building Info
14800 Pennfield Circle
14800 Pennfield Circle, Silver Spring, MD 20906
- 2 Units for Sale
About Rossmoor
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,200 /mo
- 3 Beds
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- 2,158 ft²
$2,950 /mo
- 3 Beds
- 2 Baths
- 1,642 ft²
Listed by: Felecia Green Brissett
Weichert, REALTORS
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2105824
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Weichert, REALTORS
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2105824
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