$230,000
●
Condo -
Off Market
15101 GLADE DRIVE #103D
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,273 Ft²
$2,112
Est. Monthly
$829
HOA / Fees
6.40%
Cap Rate
About This Property
Leisure World is one of the most well-established 55+ communities
in Montgomery County, Maryland. This gated community offers a
wealth of amenities, including a golf course, two clubhouses,
indoor and outdoor pools, tennis and pickleball courts, a
restaurant, fitness center, art studio, woodshop, and so much
more!
This affordable, spacious, sun-filled 2-bedroom, 2-bathroom unit features updated LVP flooring and fresh, neutral paint throughout. Washer & dryer are as-is. The condo fee covers electric, water, sewer, trash, WiFi, and basic cable TV, along with access to all community amenities. Additional perks include covered, assigned parking and a separate storage space.
This community can be whatever you want it to be-whether it's quiet strolls and peaceful moments in the park surrounded by nature, or an active, vibrant lifestyle filled with an array of activities. Enjoy easy, convenient living you won't want to miss!
This affordable, spacious, sun-filled 2-bedroom, 2-bathroom unit features updated LVP flooring and fresh, neutral paint throughout. Washer & dryer are as-is. The condo fee covers electric, water, sewer, trash, WiFi, and basic cable TV, along with access to all community amenities. Additional perks include covered, assigned parking and a separate storage space.
This community can be whatever you want it to be-whether it's quiet strolls and peaceful moments in the park surrounded by nature, or an active, vibrant lifestyle filled with an array of activities. Enjoy easy, convenient living you won't want to miss!
Unit Size
1,273 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
Condo
Property Taxes
$178
HOA Dues
$829
Year Built
-
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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: 11 months ago (Bright MLS #MDMC2195138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 24, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Price Decreased |
$225,000
↓ $10K
(4.3%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by EXP Realty, LLC | $235,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Exterior Details
Has Property Attached
Square Footage: 1273
Square Footage Source: $0
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 1977
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Brick
Water Source: Public
Financial Details
Tax Annual Amount: $2,133
Utilities Details
Cooling Type: Central A/C
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Electricity, Snow Removal, Trash, Water, Air Conditioning, Ext Bldg Maint, Management, Security Gate
HOA/Condo/Coop Amenities: Clubhouse, Exercise Course, Storage, Golf Course, Tennis Court(s), Common Grounds, Gated Community, Golf Course Membership Available, Jog/Walk Path, Pool - Indoor, Pool - Outdoor
Condo/Coop Fee: $829
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 |
|---|---|---|---|---|---|---|---|
|
08/15/2025
|
2 Bed
|
2 Bath
|
1273 ft²
|
$235,000
2 Bed
2 Bath
1273 ft²
|
$230,000
-2.13%
12/24/2025
|
Jessica Guevara-Knopp
EXP Realty, LLC
| |
|
11/02/2024
|
3 Bed
|
2 Bath
|
1415 ft²
|
$250,000
3 Bed
2 Bath
1415 ft²
|
$250,000
12/02/2024
|
Marilyn Greggs
Weichert, REALTORS
| |
|
08/10/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$180,000
2 Bed
2 Bath
1273 ft²
|
$180,000
08/29/2024
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
11/29/2023
|
3 Bed
|
2 Bath
|
1415 ft²
|
$250,000
3 Bed
2 Bath
1415 ft²
|
$270,000
+8.00%
12/13/2023
|
Christine Martin
Samson Properties
| |
|
06/30/2022
|
3 Bed
|
2 Bath
|
1415 ft²
|
$300,000
3 Bed
2 Bath
1415 ft²
|
-
-
|
Monica Bryant
Redfin Corp
| |
|
09/02/2019
|
2 Bed
|
2 Bath
|
1273 ft²
|
$179,900
2 Bed
2 Bath
1273 ft²
|
$179,900
10/01/2019
|
Lynda Bloom
Weichert, REALTORS
| |
|
03/19/2019
| |
1 Bed
|
2 Bath
|
-
|
$128,500
1 Bed
2 Bath
|
-
-
|
-
|
|
07/28/2014
|
2 Bed
|
2 Bath
|
1157 ft²
|
$129,900
2 Bed
2 Bath
1157 ft²
|
$124,900
-3.85%
09/26/2014
|
John Radcliffe
Weichert, REALTORS
| |
|
02/17/2013
|
3 Bed
|
2 Bath
|
1415 ft²
|
$149,000
3 Bed
2 Bath
1415 ft²
|
$140,000
-6.04%
04/29/2013
|
Susan Cohen
Weichert, REALTORS
|
Building Info
15101 Glade Drive
15101 Glade Drive, Silver Spring, MD 20906
- 1 Unit for Sale
About Rossmoor
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Listed by: Jessica Guevara-Knopp
EXP Realty, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2195138
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.
EXP Realty, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2195138
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