$660,000
●
House -
Off Market
1507 FOSTER RD
SILVER SPRING, MD 20905
5 Beds
4 Baths,
1
Half Bath
2,216 Ft²
$700,172
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Stately executive colonial located at the end of a dead-end street
offers 5 bedrooms with 3 full and 1 half bathrooms. Welcoming
central hall to spacious eat-in kitchen with breakfast room. Walk
out to deck with view of level back yard. Formal living and dining
rooms with hardwood floors, crown molding and chair railing in the
dining room. Enjoy time in the family room off the kitchen which
features hardwoods and a wood burning fireplace. 4 spacious
bedrooms upstairs have been freshly painted and there is new
carpet. The primary bedroom has two closets including a walk in
closet and primary bathroom. The finished lower level has been
freshly painted and has new carpet, a full bathroom and 2 separate
private rooms. Sliding door to patio and back yard. Oversized 2 car
heated garage, double wide driveway with parking pad.
Unit Size
2,216 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$315
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1988
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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: 4 years ago (Bright MLS #MDMC2091632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 22, 2023 | In contract | - | |
| In contract | |||
| May 19, 2023 | Price Decreased |
$699,000
↓ $31K
(4.3%) | |
| Price Decreased | |||
| May 10, 2023 | Listed by Long & Foster Real Estate, Inc. | $730,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Cloverly
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Listed by: Amy Donley
Long & Foster Real Estate, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDMC2091632
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.
Long & Foster Real Estate, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDMC2091632
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