35
Map
$264,000
●
Condo -
Off Market
14801 PENNFIELD CIRCLE #311
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,158 Ft²
$271,814
RealtyHop Estimate
0.71%
Since May 1, 2023
DC-Washington
Primary Model
About This Property
COMES WITH GARAGE PARKING! Come in out of the cold. The Villa
Cortese at Leisure World, a 55+ community, truly stands out from
the rest of this community. So This is a warm and quaint two (2)
bedroom and two (2) bath condominium with excellent views and
sunlight from the sunroom. Includes parking in the garage. And
usually there is plenty of parking available in the open, outside
lot. This unit has two (2) en suite baths in each bedroom.
Washer/Dryer in the unit. Plenty of closet space. A bright kitchen
with room for a table also has a pass thru from kitchen to living
area. And usually there is plenty of parking available in the
open, outside lot. Extra storage located next to garage. Carpet
installed within the last 5 years, fresh paint. Very conveniently
located near club house, swimming pool, restaurants, golf
course, administrative offices and more. All within a short walk or
drive. This is a secure gated community. Close to the ICC for
convenient access to points west and east. Just a few miles
to the quaint town of Olney.
Unit Size
1,158 Ft²
Days on Market
-
Land Size
-
Price per sqft
$233
Property Type
Condo
Property Taxes
$291
HOA Dues
$800
Year Built
1995
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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: 2 months ago (Bright MLS #MDMC2079570)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Listed by KW Metro Center | $319,999 | |
| Listed by KW Metro Center | |||
   | |||
|
Competitively priced among the 2-bedroom, 2-bath homes currently available in Leisure World, this unit stands out with assigned covered parking, a private storage unit, and a brand-new HVAC system, refrigerator, dishwasher, and microwave. The bright enclosed porch offers wonderful natural light and a peaceful, leafy view, while Villa Cortese’s location near Leisure World’s main entrance makes coming and going especially convenient.
Enjoy all the benefits of Leisure World’s gated community, including a fitness center, outdoor pool, golf course, recreational facilities, walking paths, and beautifully maintained green spaces. Community services such as lawn care, snow removal, and security make for truly easy, low-maintenance living.
Better value, coveted covered parking, private storage, major recent upgrades, a beautiful green view, and an exceptionally convenient location—this home checks the boxes that matter most.
| |||
| Apr 27, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | In contract | - | |
| In contract | |||
| Jan 9, 2023 | Listed by TTR Sotheby's International Realty | $269,900 | |
| Listed by TTR Sotheby's International Realty | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Asphalt Driveway
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), Eat-in Kitchen, Elevator, Kitchen - Table Space, Primary Bath(s), Floor Plan - Open, Bathroom - Tub Shower, Bathroom - Stall Shower
Appliances: Dishwasher, Disposal, Refrigerator, Washer
Flooring Type: Carpet, Laminate
Exterior Details
Has Property Attached
Square Footage: 1158
Square Footage Source: $0
Security Features: 24 Hour Security
Property Condition: Excellent
Architectural Style: Spanish
Year Built Source: Estimated
Year Built: 1995
Building Name: LEISURE WORLD
Builder Model: MODEL C
Levels: 1
Other Structures: Above Grade
Construction Materials: Synthetic Stucco, Combination
Patio and Porch Features: Porch, Enclosed
Water Source: Public
Financial Details
Tax Assessed Value: $190,000
Tax Annual Amount: $3,490
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Snow Removal, Trash, Water, Security, Custodial Services Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Management, Reserve Funds
HOA/Condo/Coop Amenities: Maintenance Grounds, Exercise Course, Storage, Meeting Room, Tennis Court(s), Community Center, Gated Community, Jog/Walk Path, Library, Pool - Indoor, Pool - Outdoor, Retirement Community, Transportation Service
Condo/Coop Fee: $800
Condo/Coop Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
01/21/2026
|
2 Bed
|
2 Bath
|
1361 ft²
|
$365,000
2 Bed
2 Bath
1361 ft²
|
$347,000
-4.93%
05/28/2026
|
Richard Winkler
Southern Maryland Real Estate
| |
|
11/06/2025
|
3 Bed
|
2 Bath
|
1633 ft²
|
$435,000
3 Bed
2 Bath
1633 ft²
|
$430,000
-1.15%
12/31/2025
|
Joseph Petruccelli
Weichert, REALTORS
| |
|
10/07/2025
|
2 Bed
|
2 Bath
|
1361 ft²
|
$349,900
2 Bed
2 Bath
1361 ft²
|
$345,000
-1.40%
12/01/2025
|
Carl Stein
RE/MAX Pros
| |
|
08/23/2025
|
3 Bed
|
2 Bath
|
1633 ft²
|
$435,000
3 Bed
2 Bath
1633 ft²
|
$435,000
09/19/2025
|
Janice Fife
Weichert, REALTORS
| |
|
07/09/2025
|
2 Bed
|
2 Bath
|
1131 ft²
|
$285,000
2 Bed
2 Bath
1131 ft²
|
$285,000
07/31/2025
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
04/03/2025
|
2 Bed
|
2 Bath
|
1312 ft²
|
$279,000
2 Bed
2 Bath
1312 ft²
|
$279,000
05/13/2025
|
Richard Winkler
Southern Maryland Real Estate
| |
|
12/05/2024
|
2 Bed
|
2 Bath
|
1131 ft²
|
$269,000
2 Bed
2 Bath
1131 ft²
|
$262,000
-2.60%
06/23/2025
|
Kelly Bohi
Compass
| |
|
07/25/2024
|
2 Bed
|
2 Bath
|
1361 ft²
|
$320,000
2 Bed
2 Bath
1361 ft²
|
$320,000
09/09/2024
|
Nikki Cooper
Compass
| |
|
02/08/2024
|
2 Bed
|
2 Bath
|
1361 ft²
|
$339,000
2 Bed
2 Bath
1361 ft²
|
$339,000
03/14/2024
|
Eve Marinik
Douglas Realty
| |
|
09/08/2023
|
2 Bed
|
2 Bath
|
1361 ft²
|
$349,900
2 Bed
2 Bath
1361 ft²
|
$290,000
-17.12%
11/02/2023
|
Susan Hartman
O'Conor, Mooney & Fitzgerald
| |
|
01/09/2023
|
2 Bed
|
2 Bath
|
1158 ft²
|
$269,900
2 Bed
2 Bath
1158 ft²
|
$264,000
-2.19%
04/27/2023
|
Thomas Riley
TTR Sotheby's International Realty
| |
|
10/11/2022
|
2 Bed
|
2 Bath
|
1158 ft²
|
$255,000
2 Bed
2 Bath
1158 ft²
|
$254,400
-0.24%
03/13/2023
|
Gregory Hangemanole
Long & Foster Real Estate, Inc.
| |
|
05/20/2022
| |
2 Bed
|
2 Bath
|
-
|
$275,000
2 Bed
2 Bath
|
-
-
|
Charmaine Prusak
Greater Silver Spring
|
|
07/14/2022
|
2 Bed
|
2 Bath
|
1361 ft²
|
$329,000
2 Bed
2 Bath
1361 ft²
|
$329,000
11/02/2022
|
Gregory Hangemanole
Long & Foster Real Estate, Inc.
| |
|
05/20/2022
|
2 Bed
|
2 Bath
|
1084 ft²
|
$239,000
2 Bed
2 Bath
1084 ft²
|
$239,000
11/04/2022
|
Charmaine Prusak
Greater Silver Spring
| |
|
01/19/2022
|
2 Bed
|
2 Bath
|
1312 ft²
|
$319,000
2 Bed
2 Bath
1312 ft²
|
-
-
|
Eve Marinik
Douglas Realty
| |
|
07/29/2021
|
3 Bed
|
3 Bath
|
1633 ft²
|
$415,000
3 Bed
3 Bath
1633 ft²
|
-
-
|
Troy Laur
Corner House Realty
| |
|
09/18/2019
| |
3 Bed
|
3 Bath
|
-
|
$405,000
3 Bed
3 Bath
|
-
-
|
-
|
|
03/20/2020
|
3 Bed
|
3 Bath
|
1633 ft²
|
$419,000
3 Bed
3 Bath
1633 ft²
|
-
-
|
-
| |
|
08/19/2019
|
2 Bed
|
2 Bath
|
1361 ft²
|
$285,000
2 Bed
2 Bath
1361 ft²
|
$285,000
09/12/2019
|
Roberta Campbell
Weichert, REALTORS
| |
|
06/21/2019
|
2 Bed
|
2 Bath
|
1312 ft²
|
$275,000
2 Bed
2 Bath
1312 ft²
|
$275,000
08/16/2019
|
Maria Kolick
RE/MAX Realty Centre, Inc.
| |
|
12/04/2018
|
2 Bed
|
2 Bath
|
1550 ft²
|
$349,900
2 Bed
2 Bath
1550 ft²
|
$349,900
03/15/2019
|
Christine Sherrod
Weichert, REALTORS
| |
|
08/15/2018
|
1 Bed
|
2 Bath
|
945 ft²
|
-
1 Bed
2 Bath
945 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1490 ft²
|
-
2 Bed
2 Bath
1490 ft²
|
-
-
|
-
|
|
08/16/2016
|
2 Bed
|
2 Bath
|
1361 ft²
|
$255,000
2 Bed
2 Bath
1361 ft²
|
$255,000
09/29/2016
|
Judy Duggan
Weichert, REALTORS
| |
|
04/07/2016
|
1 Bed
|
1 Bath
|
945 ft²
|
$165,000
1 Bed
1 Bath
945 ft²
|
$160,000
-3.03%
05/31/2016
|
Sharon Ledbetter
Weichert, REALTORS
| |
|
03/01/2016
|
2 Bed
|
2 Bath
|
1606 ft²
|
$289,000
2 Bed
2 Bath
1606 ft²
|
$279,500
-3.29%
03/01/2016
|
Sue Heyman
Weichert, REALTORS
| |
|
11/18/2014
|
2 Bed
|
2 Bath
|
1158 ft²
|
$167,500
2 Bed
2 Bath
1158 ft²
|
$142,500
-14.93%
09/29/2015
|
Corliss Wood
EXIT Right Realty
| |
|
05/23/2012
|
2 Bed
|
2 Bath
|
1361 ft²
|
$235,000
2 Bed
2 Bath
1361 ft²
|
$229,000
-2.55%
09/14/2012
|
Sue Heyman
Weichert, REALTORS
|
Building Info
14801 Pennfield Circle
14801 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
- 2 Baths
- 2,158 ft²
$2,800 /mo
- 3 Beds
- 2 Baths
- 1,382 ft²
Listed by: Thomas H. Riley
TTR Sotheby's International Realty
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2079570
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.
TTR Sotheby's International Realty
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2079570
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