23
Map
$250,000
●
Condo -
Off Market
14805 PENNFIELD CIRCLE #307
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,152 Ft²
$2,590
Est. Monthly
$1,066
HOA / Fees
3.88%
Cap Rate
About This Property
55+ SENIOR LIVING Freshly conditioned "C" Model in the modern
mutual of Villa Cortese! 2 bedrooms with their own ensuite
bathrooms, heat lamps, and medicine cabinets. Separate dining room
off of the kitchen with a pass-through to the open living room.
Plenty of natural light shines through the private sunroom with a
serene treetop view. Washer/dryer is away from both bedrooms,
living room, and dining room, which means reduced interruption! The
unit comes with a storage unit on the ground level . There is
plenty to love in this gorgeous unit, conveniently located near the
elevator! Nearby plaza for grocery shopping, dining, banks, a post
office and health services. Enjoy living in Leisure World with 2
Club Houses, Indoor and Outdoor Pools, Restaurants, Library,
Fitness Center, Golf Course Membership, Tennis and Pickle Ball,
Newspaper, Security, Bus Service, and so much more -- check out the
LW NEWS ( every other Friday) for upcoming events.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
-
Price per sqft
$226
Property Type
Condo
Property Taxes
$247
HOA Dues
$1,066
Year Built
-
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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 #MDMC2191250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2026 | Listed by Mega Realty & Investment Inc | $299,000 | |
| Listed by Mega Realty & Investment Inc | |||
   | |||
|
Welcome to Leisure World, Montgomery County's premier, resort-style 55+ gated community! This coveted "C" Model in Villa Cortese features 2 spacious bedrooms, each with its own private ensuite bathroom.
A light-filled living room flows effortlessly into a private sunroom, which offers an unobstructed view of the trees—the perfect backdrop for your morning coffee, reading, or quiet moments of peace. The dining room sits off the kitchen, featuring a stylish pass-through door that keeps you connected to the open-concept living area.
For your convenience, this unit includes an additional private storage locker on the ground level. Its prime location places you just moments away from Clubhouse One and the Leisure World Plaza Shopping Center, offering easy access to groceries, dining, and premium health services.
Come and experience a wide range of top-notch community amenities, including indoor and outdoor pools, a library, restaurants, fitness centers, an 18-hole golf course, tennis and pickleball courts, and complimentary bus service and so much more.
This home is an absolute must-see for a next-level lifestyle!
| |||
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Price Decreased |
$260,000
↓ $15K
(5.5%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed by Weichert, REALTORS | $275,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Elevator
Parking Available
Garage
Air Conditioning
Parking Details
Parking Features: Unassigned
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Walk-In Closet(s), Bathroom - Walk-In Shower, Bathroom - Tub Shower, Carpet, Dining Area, Primary Bath(s)
Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Washer/Dryer Stacked
Exterior Details
Has Property Attached
Square Footage: 1152
Square Footage Source: $0
Security Features: 24 Hour Security, Security Gate, Main Entrance Lock
Architectural Style: Spanish, Unit/Flat, Villa
Year Built Source: Assessor
Year Built: 1995
Building Name: VILLA CORTESE AT LEISURE WORLD
Builder Model: C
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Other, Stucco
Patio and Porch Features: Enclosed, Balcony
Water Source: Public
Financial Details
Tax Assessed Value: $260,000
Tax Annual Amount: $2,961
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Insurance, Sewer, Snow Removal, Trash, Water, Custodial Services Maintenance, Ext Bldg Maint, Management, Recreation Facility, Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Elevator(s), Exercise Course, Party Room, Security, Tennis Court(s), Community Center, Fencing, Golf Club, Jog/Walk Path, Pool - Indoor, Pool Mem Avail, Pool - Outdoor, Putting Green, Recreational Center, Common Grounds, Gated Community, Retirement Community
HOA Fee Frequency: Monthly
Condo/Coop Fee: $1,066
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 |
|---|---|---|---|---|---|---|---|
|
05/21/2026
|
2 Bed
|
2 Bath
|
1709 ft²
|
$375,000
2 Bed
2 Bath
1709 ft²
|
$360,000
-4.00%
07/14/2026
|
Claude Al Charbonneau
Compass
| |
|
04/22/2026
|
2 Bed
|
2 Bath
|
1073 ft²
|
$250,000
2 Bed
2 Bath
1073 ft²
|
$250,000
07/29/2026
|
Sally French
RE/MAX Realty Group
| |
|
10/24/2025
|
2 Bed
|
2 Bath
|
1136 ft²
|
$280,000
2 Bed
2 Bath
1136 ft²
|
$280,000
12/11/2025
|
Christine Kogok
Keller Williams Realty Centre
| |
|
07/23/2025
|
2 Bed
|
2 Bath
|
1152 ft²
|
$275,000
2 Bed
2 Bath
1152 ft²
|
$250,000
-9.09%
11/07/2025
|
Janice Fife
Weichert, REALTORS
| |
|
04/04/2025
|
2 Bed
|
2 Bath
|
1152 ft²
|
$325,000
2 Bed
2 Bath
1152 ft²
|
$249,000
-23.38%
07/24/2025
|
Kathleen Workman
EXP Realty, LLC
| |
|
10/10/2024
|
2 Bed
|
2 Bath
|
1354 ft²
|
$299,900
2 Bed
2 Bath
1354 ft²
|
$300,000
+0.03%
11/19/2024
|
John Hallen
Maven Real Estate
| |
|
07/18/2024
|
2 Bed
|
2 Bath
|
1385 ft²
|
$327,000
2 Bed
2 Bath
1385 ft²
|
$327,000
08/19/2024
|
Jennifer Sproul
Washington Fine Properties
| |
|
05/09/2024
|
3 Bed
|
2 Bath
|
1629 ft²
|
$449,000
3 Bed
2 Bath
1629 ft²
|
$429,000
-4.45%
07/15/2024
|
Lee Moreno
Coldwell Banker Realty
| |
|
01/29/2023
|
3 Bed
|
3 Bath
|
1629 ft²
|
$374,999
3 Bed
3 Bath
1629 ft²
|
$363,000
-3.20%
04/03/2023
|
NITA PUROHIT
Weichert, REALTORS
| |
|
06/16/2022
|
3 Bed
|
2.5 Bath
|
1629 ft²
|
$399,000
3 Bed
2.5 Bath
1629 ft²
|
-
-
|
NITA PUROHIT
Weichert, REALTORS
| |
|
05/13/2022
|
2 Bed
|
2 Bath
|
1152 ft²
|
$319,999
2 Bed
2 Bath
1152 ft²
|
$320,000
+0.00%
07/13/2022
|
Ellen Coleman
RE/MAX Realty Centre, Inc.
| |
|
05/05/2022
| |
2 Bed
|
2 Bath
|
-
|
$310,000
2 Bed
2 Bath
|
-
-
|
Eric P Stewart
Rockville Centre
|
|
05/01/2022
|
2 Bed
|
2 Bath
|
1152 ft²
|
$329,900
2 Bed
2 Bath
1152 ft²
|
$329,900
07/15/2022
|
Linda Sansbury
Weichert, REALTORS
| |
|
11/20/2021
|
2 Bed
|
2 Bath
|
1136 ft²
|
$329,000
2 Bed
2 Bath
1136 ft²
|
-
-
|
Richard Fox
RE/MAX Realty Centre, Inc.
| |
|
02/04/2022
|
2 Bed
|
2 Bath
|
1136 ft²
|
$309,000
2 Bed
2 Bath
1136 ft²
|
$285,000
-7.77%
03/24/2022
|
Barbara Milton
Weichert, REALTORS
| |
|
09/09/2021
|
2 Bed
|
2 Bath
|
1300 ft²
|
$335,500
2 Bed
2 Bath
1300 ft²
|
$335,500
12/20/2021
|
Roberta F Campbell
Weichert, REALTORS
| |
|
08/05/2021
|
2 Bed
|
2 Bath
|
1354 ft²
|
$234,900
2 Bed
2 Bath
1354 ft²
|
$240,000
+2.17%
09/16/2021
|
Eve Marinik
Douglas Realty
| |
|
07/06/2021
|
3 Bed
|
2 Bath
|
1629 ft²
|
$364,500
3 Bed
2 Bath
1629 ft²
|
$364,500
08/02/2021
|
Lisa Johnson
Cook Real Estate Brokerage
| |
|
06/26/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$350,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
| |
|
08/09/2020
|
2 Bed
|
2 Bath
|
1430 ft²
|
$349,900
2 Bed
2 Bath
1430 ft²
|
-
-
|
-
| |
|
05/16/2019
|
2 Bed
|
2 Bath
|
1518 ft²
|
$399,000
2 Bed
2 Bath
1518 ft²
|
$385,000
-3.51%
08/12/2019
|
Janice Fife
Weichert, REALTORS
| |
|
11/23/2018
|
3 Bed
|
2 Bath
|
1518 ft²
|
$225,000
3 Bed
2 Bath
1518 ft²
|
$240,000
+6.67%
03/15/2019
|
Tatyana Baytler
| |
|
11/06/2018
|
2 Bed
|
2 Bath
|
1354 ft²
|
$299,888
2 Bed
2 Bath
1354 ft²
|
$326,000
+8.71%
01/10/2019
|
Lynda K Bloom
Weichert, REALTORS
| |
|
10/12/2018
|
2 Bed
|
2 Bath
|
1073 ft²
|
$219,000
2 Bed
2 Bath
1073 ft²
|
-
-
|
-
| |
|
07/16/2018
| |
2 Bed
|
2 Bath
|
1288 ft²
|
-
2 Bed
2 Bath
1288 ft²
|
-
-
|
-
|
|
07/02/2018
|
2 Bed
|
2 Bath
|
1288 ft²
|
$234,950
2 Bed
2 Bath
1288 ft²
|
$225,000
-4.23%
08/29/2018
|
John Radcliffe
Weichert, REALTORS
| |
|
04/02/2018
|
1 Bed
|
1 Bath
|
946 ft²
|
$149,000
1 Bed
1 Bath
946 ft²
|
$145,000
-2.68%
05/04/2018
|
Barbara Milton
Weichert, REALTORS
| |
|
08/17/2017
|
3 Bed
|
2 Bath
|
1629 ft²
|
$350,000
3 Bed
2 Bath
1629 ft²
|
$352,000
+0.57%
10/17/2017
|
Nathan B Dart
RE/MAX Realty Services
|
Building Info
14805 Pennfield Circle
14805 Pennfield Circle, Silver Spring, MD 20906
- 3 Units for Sale
About Rossmoor
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$3,200 /mo
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- 1,642 ft²
Listed by: Kevin C Lopez
Weichert, REALTORS
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2191250
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: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2191250
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