27
Map
$225,000
●
Condo -
Off Market
15111 GLADE DRIVE #123D
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,273 Ft²
$2,171
Est. Monthly
$888
HOA / Fees
5.79%
Cap Rate
About This Property
Enjoy comfort and convenience in this spacious, move-in ready home
featuring gleaming hardwood floors, a brand-new kitchen with new
appliances, and a high-end washer & dryer. Relax on the enclosed
balcony while taking in golf course views. Thoughtfully designed
with ample closet space and ideally located close to the elevator
and has an assigned carport parking. All utilities are included in
the condo fee-plus low property taxes! Just moments from Clubhouse
1, the shopping center, and a wide variety of community amenities
and activities. Resort-style living at its finest! Three Years of
Home Warranty from Choice Transferable to the New Buyer.
Unit Size
1,273 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
Condo
Property Taxes
$178
HOA Dues
$888
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: 2 months ago (Bright MLS #MDMC2206230)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Listed by Weichert, REALTORS | $225,000 | |
| Listed by Weichert, REALTORS | |||
| Mar 1, 2019 | No longer available | - | |
| No longer available | |||
| Aug 28, 2018 | Listed | $159,900 | |
| Listed | |||
| | |||
|
Beautiful sun-filled and updated large 2 bedroom condo.Gorgeous hardwood floors, renovated kitchen and baths. Wet bar, balcony, covered parking. Amenity filled Leisure World includes 2 clubhouses, 3 recently renovated restaurants, indoor/outdoor pools, tennis,18 hole golf course, fitness center, auditorium, and more!!! The manager has listed the unit size as 1273 square feet.
| |||
Property Highlights
Elevator
Parking Available
Air Conditioning
Parking Details
Parking Features: Limited Common Elements, Paved Parking
Interior Details
Full Bathrooms: 2
Exterior Details
Has Property Attached
Square Footage: 1273
Square Footage Source: $0
Architectural Style: Other
Year Built Source: Assessor
Year Built: 1977
Builder Model: Riviera
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Brick Veneer
Water Source: Public
Financial Details
Tax Assessed Value: $185,000
Tax Annual Amount: $2,133
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard - Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Electricity, Security, Sewer, Snow Removal, Trash, Water, Bus Service, High Speed Internet, Lawn Maintenance, Management, Parking Fee, Reserve Funds
HOA/Condo/Coop Amenities: Clubhouse, Elevator(s), Fitness Center, Game Room, Meeting Room, Security, Storage, Tennis Court(s), Cable, Common Grounds, Gated Community, Golf Course Membership Available, Library, Newspaper Service, Pool - Indoor, Pool - Outdoor, Transportation Service
Condo/Coop Fee: $888
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 |
|---|---|---|---|---|---|---|---|
|
07/30/2026
|
3 Bed
|
2 Bath
|
1415 ft²
|
$235,000
3 Bed
2 Bath
1415 ft²
|
$235,000
09/04/2026
|
Stephanie McClellan
Clarksville
| |
|
11/08/2025
|
2 Bed
|
2 Bath
|
1273 ft²
|
$225,000
2 Bed
2 Bath
1273 ft²
|
$225,000
12/30/2025
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
02/24/2024
|
1 Bed
|
2 Bath
|
946 ft²
|
$170,000
1 Bed
2 Bath
946 ft²
|
$155,000
-8.82%
05/30/2024
|
Andrew Shirdon
Keller Williams Flagship of Maryland
| |
|
03/08/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$185,000
2 Bed
2 Bath
1273 ft²
|
$186,000
+0.54%
03/23/2023
|
Jeffrey Ganz
Century 21 Redwood Realty
| |
|
11/27/2018
|
1 Bed
|
2 Bath
|
946 ft²
|
$115,000
1 Bed
2 Bath
946 ft²
|
-
-
|
-
| |
|
09/07/2018
|
1 Bed
|
2 Bath
|
946 ft²
|
-
1 Bed
2 Bath
946 ft²
|
-
-
|
-
| |
|
08/28/2018
|
2 Bed
|
2 Bath
|
1273 ft²
|
-
2 Bed
2 Bath
1273 ft²
|
-
-
|
-
| |
|
01/11/2018
|
2 Bed
|
2 Bath
|
1273 ft²
|
$167,000
2 Bed
2 Bath
1273 ft²
|
$167,000
05/31/2018
|
John H Radcliffe
Weichert, REALTORS
| |
|
04/03/2017
|
2 Bed
|
2 Bath
|
1237 ft²
|
$159,900
2 Bed
2 Bath
1237 ft²
|
$149,000
-6.82%
05/03/2017
|
Eunice J Phillips
Weichert, REALTORS
| |
|
05/20/2013
|
2 Bed
|
2 Bath
|
1412 ft²
|
$122,777
2 Bed
2 Bath
1412 ft²
|
$116,500
-5.11%
09/12/2013
|
Charles Hawley
Keller Williams Realty Centre
| |
|
01/16/2013
|
3 Bed
|
2 Bath
|
1415 ft²
|
$124,990
3 Bed
2 Bath
1415 ft²
|
$124,990
02/28/2013
|
Kenneth R. Crowley
RE/MAX Realty Group
|
Building Info
About Rossmoor
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Listed by: Ledio Baboci
Weichert, REALTORS
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2206230
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: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2206230
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