1
Map
$115,000
●
Condo -
Off Market
15100 GLADE DRIVE #111F
SILVER SPRING, MD 20906
1 Bed
1 Bath
946 Ft²
$199,056
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
RARELY AVAILABLE FIRST FLOOR, GROUND LEVEL CONDO BACKING TO
DEDICATED WALKING AREA. SPARKLING HARDWOOD FLOORS . UPDATED
KITCHEN AND BATHROOMS. CUSTOM BEDROOM CLOSET. RELAX IN THIS
BEAUTIFUL RETIREMENT COMUNITY WITH 2 CLUB HOUSES, RESTAURANTS,
FITNESS CENTER, GOLF, MEDICAL CENTER AND BUS TRANSPORTATION
.DEDICATED CARPORT PARKING AND ALL UTILITIES INCLUDE IN CONDO FEE
Unit Size
946 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
Condo
Property Taxes
$66
HOA Dues
$587
Year Built
1967
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Cap Rate Calculator
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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 months ago (Bright MLS #1000193729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2017 | Listed by Weichert, REALTORS | $125,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Combination Dining/Living, Floor Plan - Traditional
Appliances: Dishwasher, Disposal, Dryer, Self Cleaning Oven, Electric Oven, Range Hood, Refrigerator
Exterior Details
Has Property Attached
Square Footage: 946
Square Footage Source: $0
Property Condition: Very Good
Architectural Style: Ranch/Rambler
Year Built Source: Estimated
Year Built: 1977
Building Name: LEISURE WORLD
Builder Model: CORDOBA
Levels: 1
Other Structures: Above Grade
Construction Materials: Brick
Water Source: Public
Financial Details
Tax Assessed Value: $75,000
Tax Annual Amount: $793
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Baseboard - Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Electricity, Insurance, Sewer, Snow Removal, Trash, Water, Security, Air Conditioning, Custodial Services Maintenance, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Other, Recreation Facility, Reserve Funds
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Exercise Course, Fitness Center, Golf Course, Meeting Room, Picnic Area, Tennis Court(s), Art Studio, Bar/Lounge, Gated Community, Jog/Walk Path, Library, Newspaper Service, Pool - Indoor, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Retirement Community, Transportation Service, Community Center
Condo/Coop Fee: $587
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 |
|---|---|---|---|---|---|---|---|
|
06/02/2026
|
2 Bed
|
2 Bath
|
1157 ft²
|
$140,000
2 Bed
2 Bath
1157 ft²
|
$133,000
-5.00%
07/30/2026
|
Tyler Freiheit
RE/MAX Distinctive Real Estate, Inc.
| |
|
07/10/2024
|
3 Bed
|
2 Bath
|
1415 ft²
|
$229,999
3 Bed
2 Bath
1415 ft²
|
$230,000
+0.00%
08/21/2024
|
Ellen Coleman
RE/MAX Realty Centre, Inc.
| |
|
07/10/2024
|
3 Bed
|
2 Bath
|
1415 ft²
|
$229,999
3 Bed
2 Bath
1415 ft²
|
$230,000
+0.00%
08/21/2024
|
Ellen Coleman
RE/MAX Realty Centre, Inc.
| |
|
12/14/2023
| |
2 Bed
|
2 Bath
|
-
|
$209,900
2 Bed
2 Bath
|
-
-
|
Jenn Klarman
Annapolis Eastport
|
|
12/14/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$209,900
2 Bed
2 Bath
1273 ft²
|
$200,000
-4.72%
02/07/2024
|
Jennifer Klarman
Long & Foster Real Estate, Inc.
| |
|
08/23/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$167,500
1 Bed
2 Bath
946 ft²
|
$171,251
+2.24%
09/25/2023
|
James Higgins
Weichert, REALTORS
| |
|
09/05/2022
|
2 Bed
|
2 Bath
|
1273 ft²
|
$198,000
2 Bed
2 Bath
1273 ft²
|
-
-
|
Nancy Ricks
Realty Pros
| |
|
07/21/2022
| |
2 Bed
|
2 Bath
|
-
|
$210,000
2 Bed
2 Bath
|
-
-
|
Brenda J Finkel
North Potomac/Rockville
|
|
11/01/2019
| |
3 Bed
|
2 Bath
|
-
|
$225,000
3 Bed
2 Bath
|
-
-
|
-
|
|
03/09/2018
|
2 Bed
|
2 Bath
|
1273 ft²
|
$160,000
2 Bed
2 Bath
1273 ft²
|
$158,000
-1.25%
05/21/2018
|
Janice Fife
Weichert, REALTORS
| |
|
08/01/2017
|
1 Bed
|
1 Bath
|
946 ft²
|
$125,000
1 Bed
1 Bath
946 ft²
|
$115,000
-8.00%
09/18/2017
|
John Radcliffe
Weichert, REALTORS
| |
|
07/05/2012
|
2 Bed
|
2 Bath
|
1157 ft²
|
$90,000
2 Bed
2 Bath
1157 ft²
|
$88,000
-2.22%
08/07/2012
|
William Shaver
RE/MAX Realty Centre, Inc.
|
Building Info
About Rossmoor
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Listed by: John H Radcliffe
Weichert, REALTORS
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# 1000193729
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: 2 hours ago
Data Source: Bright MLS , MLS# 1000193729
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