$280,000
●
Condo -
Off Market
14905 PENNFIELD CIR #2A
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,391 Ft²
$1,473
Est. Monthly
About This Property
Contract fell through seller says bring all offers large 2 bed 2
bath unit with sunroom available imediately.
Unit Size
1,391 Ft²
Days on Market
13 days
Land Size
-
Price per sqft
$216
Property Type
Condo
Property Taxes
$311
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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: 2 years ago (Bright MLS #MDMC2117704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Back on market | - | |
| Back on market | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Relisted | $299,900 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Garage Features: Garage Door Opener, Garage - Front Entry
Parking Features: Detached Garage
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on Main Level: 2
Living Area Square Feet Source: Assessor
Exterior Details
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Roof: Unknown
Structure Type: Unit/Flat/Apartment
Construction Materials: Brick, Block
Unit Building Type: Garden 1 - 4 Floors
Community Pool
Tidal Water: N
Land Assessed Value: $310,000
Finished Square Feet: 1391
Finished Square Feet Source: Assessor
Financial Details
County Tax: $3,569
County Tax Payment Frequency: Annually
Tax Assessed Value: $310,000
Tax Year: 2024
Tax Annual Amount: $3,734
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Heat Pump - Electric BackUp
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Air Conditioning, Electricity, Heat, Lawn Maintenance, Reserve Funds, Security Gate, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: None
Condo/Coop Fee: $908
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 |
|---|---|---|---|---|---|---|---|
|
10/15/2024
|
3 Bed
|
2 Bath
|
1609 ft²
|
$425,000
3 Bed
2 Bath
1609 ft²
|
$410,000
-3.53%
02/28/2025
|
Jay Schlaffer
Coldwell Banker Realty
| |
|
01/20/2024
|
2 Bed
|
2 Bath
|
1391 ft²
|
$375,000
2 Bed
2 Bath
1391 ft²
|
$280,000
-25.33%
11/27/2024
|
Carl Stein
RE/MAX Pros
| |
|
06/01/2021
|
3 Bed
|
2 Bath
|
1609 ft²
|
$374,000
3 Bed
2 Bath
1609 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1454 ft²
|
-
2 Bed
2 Bath
1454 ft²
|
-
-
|
-
|
|
06/01/2017
|
2 Bed
|
2 Bath
|
1454 ft²
|
$335,000
2 Bed
2 Bath
1454 ft²
|
$320,000
-4.48%
05/21/2018
|
Sharon L Ricks
Weichert, REALTORS
|
Building Info
About Rossmoor
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Listed by: Carl Stein
EXP Realty, LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDMC2117704
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EXP Realty, LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDMC2117704
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