$382,000
●
Condo -
Off Market
14809 PENNFIELD CIR #401
SILVER SPRING, MD 20906
3 Beds
3 Baths,
1
Half Bath
1,587 Ft²
$3,148
Est. Monthly
$1,184
HOA / Fees
4.91%
Cap Rate
About This Property
GREAT NEW PRICE for this unit!! NEW AC and FURNANCE !!
Spacious and bright 3 bedroom, 2 1/2 bath in the Villa Cortese
community at Leisure World. This unit
enjoys a garage parking space! (#24), a bright enclosed balcony, and updated kitchen and bath cabinets and counter tops! There are plenty of storage closets and the bedroom closets enjoy closet organizers. For more storage there is a storage "cage" in the basement for seldomly used items! Stacked washer/dryer in the unit.
Wonderful gated senior community with many activities/ clubs , golf course, walking paths, an indoor and outdoor pool, tennis courts, restaurants, fitness center, on-site post office, shuttle service and numerous stores at The Leisure World Shopping Center.
enjoys a garage parking space! (#24), a bright enclosed balcony, and updated kitchen and bath cabinets and counter tops! There are plenty of storage closets and the bedroom closets enjoy closet organizers. For more storage there is a storage "cage" in the basement for seldomly used items! Stacked washer/dryer in the unit.
Wonderful gated senior community with many activities/ clubs , golf course, walking paths, an indoor and outdoor pool, tennis courts, restaurants, fitness center, on-site post office, shuttle service and numerous stores at The Leisure World Shopping Center.
Unit Size
1,587 Ft²
Days on Market
18 days
Land Size
-
Price per sqft
$252
Property Type
Condo
Property Taxes
$357
HOA Dues
$1,184
Year Built
-
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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 #MDMC2125902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
| May 9, 2024 | Price Increased |
$420,000
↑ $20K
(5%) | |
| Price Increased | |||
| Apr 6, 2024 | Listed by RE/MAX Realty Services | $399,900 | |
| Listed by RE/MAX Realty Services | |||
| | |||
|
GREAT NEW PRICE for this unit!! NEW AC and FURNANCE !! Spacious and bright 3 bedroom, 2 1/2 bath in the Villa Cortese community at Leisure World. This unit
enjoys a garage parking space! (#24), a bright enclosed balcony, and updated kitchen and bath cabinets and counter tops! There are plenty of storage closets and the bedroom closets enjoy closet organizers. For more storage there is a storage "cage" in the basement for seldomly used items! Stacked washer/dryer in the unit.
Wonderful gated senior community with many activities/ clubs , golf course, walking paths, an indoor and outdoor pool, tennis courts, restaurants, fitness center, on-site post office, shuttle service and numerous stores at The Leisure World Shopping Center.
| |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Garage Features: Garage Door Opener
Parking Features: Parking Garage, Other
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on Main Level: 3
Interior Features: Breakfast Area, Carpet, Ceiling Fan(s), Formal/Separate Dining Room, Kitchen - Eat-In, Sprinkler System, Upgraded Countertops
Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Washer/Dryer Stacked
Flooring Type: Carpet, Ceramic Tile
Living Area Square Feet Source: Assessor
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Garage/Parking Space
Construction Materials: Brick
Community Pool
Tidal Water: N
Land Assessed Value: $365,000
Finished Square Feet: 1587
Finished Square Feet Source: Assessor
Financial Details
County Tax: $4,206
County Tax Payment Frequency: Annually
Tax Assessed Value: $365,000
Tax Year: 2024
Tax Annual Amount: $4,283
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Ceiling Fan(s), Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Other
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Parking Fee, Snow Removal
HOA/Condo/Coop Amenities: Club House, Common Grounds, Community Center, Exercise Room, Extra Storage, Fitness Center, Gated Community, Golf Course, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Recreational Center, Retirement Community, Security, Transportation Service
HOA Fee: $0
HOA Fee Frequency: Monthly
Condo/Coop Fee: $1,184
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 |
|---|---|---|---|---|---|---|---|
|
10/08/2025
|
2 Bed
|
2 Bath
|
1319 ft²
|
$375,000
2 Bed
2 Bath
1319 ft²
|
$350,000
-6.67%
12/17/2025
|
Lakeesha Washington
Long & Foster Real Estate, Inc.
| |
|
09/24/2025
|
2 Bed
|
2 Bath
|
1353 ft²
|
$325,000
2 Bed
2 Bath
1353 ft²
|
$325,000
11/17/2025
|
Janice Fife
Weichert, REALTORS
| |
|
01/22/2025
|
2 Bed
|
2 Bath
|
1167 ft²
|
$340,000
2 Bed
2 Bath
1167 ft²
|
$340,000
04/25/2025
|
Deanne Rogers
RE/MAX Realty Centre, Inc.
| |
|
12/16/2024
|
2 Bed
|
2 Bath
|
1515 ft²
|
$349,000
2 Bed
2 Bath
1515 ft²
|
$349,000
02/03/2025
|
Janice Fife
Weichert, REALTORS
| |
|
10/31/2024
|
2 Bed
|
2 Bath
|
1319 ft²
|
$299,900
2 Bed
2 Bath
1319 ft²
|
$285,000
-4.97%
01/31/2025
|
Tricia Matala
Northrop Realty
| |
|
08/22/2024
|
1 Bed
|
2 Bath
|
946 ft²
|
$199,000
1 Bed
2 Bath
946 ft²
|
$220,000
+10.55%
09/13/2024
|
Joseph Petruccelli
Weichert, REALTORS
| |
|
08/13/2024
|
2 Bed
|
2 Bath
|
1167 ft²
|
$269,999
2 Bed
2 Bath
1167 ft²
|
$263,000
-2.59%
05/29/2025
|
Ellen Coleman
RE/MAX Realty Centre, Inc.
| |
|
04/24/2024
|
2 Bed
|
2 Bath
|
1167 ft²
|
$334,000
2 Bed
2 Bath
1167 ft²
|
$327,000
-2.10%
06/03/2024
|
Mary Kerr
Kerr Realty Services LC
| |
|
04/06/2024
|
3 Bed
|
3 Bath
|
1587 ft²
|
$475,000
3 Bed
3 Bath
1587 ft²
|
$382,000
-19.58%
07/29/2024
|
Jay Crosby
RE/MAX Realty Services
| |
|
01/04/2024
|
3 Bed
|
2 Bath
|
1515 ft²
|
$339,000
3 Bed
2 Bath
1515 ft²
|
$299,000
-11.80%
03/19/2024
|
Eve Marinik
Douglas Realty
| |
|
11/30/2023
|
2 Bed
|
2 Bath
|
1510 ft²
|
$349,000
2 Bed
2 Bath
1510 ft²
|
$347,000
-0.57%
02/22/2024
|
Kathryn Bohlender
Compass
| |
|
07/12/2023
|
3 Bed
|
3 Bath
|
1570 ft²
|
$410,000
3 Bed
3 Bath
1570 ft²
|
$367,000
-10.49%
10/26/2023
|
Greg Trout
EXP Realty, LLC
| |
|
05/26/2023
|
2 Bed
|
2 Bath
|
1167 ft²
|
$280,000
2 Bed
2 Bath
1167 ft²
|
$280,000
07/13/2023
|
Charmaine Prusak
Greater Silver Spring
| |
|
05/26/2023
| |
2 Bed
|
2 Bath
|
-
|
$280,000
2 Bed
2 Bath
|
-
-
|
Charmaine Prusak
Greater Silver Spring
|
|
04/29/2022
|
1 Bed
|
2 Bath
|
946 ft²
|
$199,999
1 Bed
2 Bath
946 ft²
|
-
-
|
Lou Muscarella
Compass
| |
|
02/03/2022
|
2 Bed
|
2 Bath
|
1353 ft²
|
$299,900
2 Bed
2 Bath
1353 ft²
|
$305,000
+1.70%
03/17/2022
|
Deborah Younkers
Weichert, REALTORS
| |
|
10/01/2021
|
2 Bed
|
2 Bath
|
1353 ft²
|
$360,000
2 Bed
2 Bath
1353 ft²
|
-
-
|
Jeffrey LaRocque
RLAH Real Estate
| |
|
07/03/2021
|
3 Bed
|
2 Bath
|
1515 ft²
|
$380,000
3 Bed
2 Bath
1515 ft²
|
$380,000
08/30/2021
|
Sue A Heyman
Weichert, REALTORS
| |
|
06/29/2021
|
2 Bed
|
2 Bath
|
1510 ft²
|
$370,000
2 Bed
2 Bath
1510 ft²
|
$360,000
-2.70%
07/30/2021
|
Eileen Kane
Weichert, REALTORS
| |
|
05/10/2021
| |
2 Bed
|
2 Bath
|
-
|
$330,000
2 Bed
2 Bath
|
-
-
|
-
|
|
10/12/2020
|
2 Bed
|
2 Bath
|
1167 ft²
|
$329,900
2 Bed
2 Bath
1167 ft²
|
-
-
|
-
| |
|
07/14/2020
|
1 Bed
|
1 Bath
|
946 ft²
|
$195,000
1 Bed
1 Bath
946 ft²
|
$195,000
07/29/2020
|
Janice Fife
Weichert, REALTORS
| |
|
04/06/2020
|
2 Bed
|
2 Bath
|
1350 ft²
|
$289,900
2 Bed
2 Bath
1350 ft²
|
$265,000
-8.59%
10/05/2020
|
Charles Dudley
| |
|
11/22/2019
|
3 Bed
|
2 Bath
|
1515 ft²
|
$339,000
3 Bed
2 Bath
1515 ft²
|
$330,000
-2.65%
02/28/2020
|
Sue Heyman
Weichert, REALTORS
| |
|
07/12/2019
|
2 Bed
|
2 Bath
|
1353 ft²
|
$275,000
2 Bed
2 Bath
1353 ft²
|
$270,000
-1.82%
09/11/2019
|
Deborah Younkers
Weichert, REALTORS
| |
|
04/27/2019
|
2 Bed
|
2 Bath
|
1350 ft²
|
$264,000
2 Bed
2 Bath
1350 ft²
|
$264,000
06/03/2019
|
Kathryn Sullivan
| |
|
09/04/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
09/01/2018
|
2 Bed
|
2 Bath
|
1319 ft²
|
$299,000
2 Bed
2 Bath
1319 ft²
|
$287,000
-4.01%
12/14/2018
|
Colleen Winters
RE/MAX Realty Services
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1510 ft²
|
-
2 Bed
2 Bath
1510 ft²
|
-
-
|
-
|
|
10/24/2016
|
2 Bed
|
2 Bath
|
1510 ft²
|
$415,000
2 Bed
2 Bath
1510 ft²
|
$394,000
-5.06%
01/16/2018
|
James T Blair
Weichert, REALTORS
| |
|
06/17/2014
|
1 Bed
|
1 Bath
|
946 ft²
|
$125,000
1 Bed
1 Bath
946 ft²
|
$123,000
-1.60%
07/17/2014
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
05/17/2013
|
1 Bed
|
1 Bath
|
946 ft²
|
$119,900
1 Bed
1 Bath
946 ft²
|
$114,000
-4.92%
08/23/2013
|
Suzanne S Barry
RE/MAX Realty Centre, Inc.
|
Building Info
14809 Pennfield Circle
14809 Pennfield Circle, Silver Spring, MD 20906
- 3 Units for Sale
About Rossmoor
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$3,200 /mo
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Listed by: Jay Crosby
RE/MAX Realty Services
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2125902
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.
RE/MAX Realty Services
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2125902
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