15316 PINE ORCHARD DR #821E
About This Property
The unit is meticulously maintained with improvements including brand new light fixtures and upgraded flooring and new appliances. Walk-out level to yard and reserved parking space makes for convenient access.
The unit offers plenty of storage between the coat closet, large utility closet, and separate pantry, as well as a sizable laundry room with brand new flooring installed in July 2023. The building also has secure, assigned storage. All appliances have been replaced within the last 2 years and the HVAC system is brand new (July, 2023).
Leisure World is a premier, 55+ gated community with everything you need just a short trip away. Amenities include indoor and outdoor pools, a state-of-the-art fitness center, tennis/pickleball courts, 18 hole golf course with pro shop, scenic walking paths, restaurants, free community shuttle buses, 24-hour security, and numerous clubs and activities. ALL utilities are included in the condo fee, simplifying living expenses. With its convenient location, upgraded features, and an array of community amenities, this offering is an appealing opportunity for comfortable and active living for 55+ residents.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | In contract | - | |
| In contract | |||
| Aug 3, 2023 | Listed by Long & Foster Real Estate, Inc. | $230,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2026
|
2 Bed
|
2 Bath
|
1043 ft²
|
$199,990
2 Bed
2 Bath
1043 ft²
|
$213,000
+6.51%
04/23/2026
|
Mahele Muriel Tshita
Keller Williams Preferred Properties
| |
|
10/22/2025
|
2 Bed
|
2 Bath
|
1043 ft²
|
$225,000
2 Bed
2 Bath
1043 ft²
|
$225,000
11/25/2025
|
Andrew Rubin
RE/MAX Realty Centre, Inc.
| |
|
05/16/2025
|
2 Bed
|
2 Bath
|
1043 ft²
|
$199,900
2 Bed
2 Bath
1043 ft²
|
$200,000
+0.05%
08/08/2025
|
Melissa Cornwell
Maryland Elite Realtors
| |
|
01/09/2025
|
3 Bed
|
2 Bath
|
1340 ft²
|
$299,000
3 Bed
2 Bath
1340 ft²
|
$287,500
-3.85%
02/19/2025
|
Wayne Chen
Samson Properties
| |
|
11/04/2024
|
2 Bed
|
2 Bath
|
1043 ft²
|
$199,900
2 Bed
2 Bath
1043 ft²
|
$199,900
11/22/2024
|
Eve Marinik
Douglas Realty
| |
|
10/06/2024
|
2 Bed
|
2 Bath
|
1043 ft²
|
$189,900
2 Bed
2 Bath
1043 ft²
|
$190,000
+0.05%
10/18/2024
|
Amy Donley
Greater Silver Spring
| |
|
08/03/2023
|
3 Bed
|
2 Bath
|
1340 ft²
|
$230,000
3 Bed
2 Bath
1340 ft²
|
$226,810
-1.39%
09/29/2023
|
Wendy Banner
Bethesda Gateway
| |
|
08/03/2023
| |
3 Bed
|
2 Bath
|
-
|
$230,000
3 Bed
2 Bath
|
-
-
|
Wendy Banner
Bethesda Gateway
|
|
03/30/2023
|
2 Bed
|
2 Bath
|
1136 ft²
|
$210,000
2 Bed
2 Bath
1136 ft²
|
$210,000
05/11/2023
|
Audrey Primozic
Weichert, REALTORS
| |
|
11/17/2022
|
3 Bed
|
2 Bath
|
1340 ft²
|
$240,000
3 Bed
2 Bath
1340 ft²
|
$217,000
-9.58%
02/28/2023
|
Jane Dehais
Compass
| |
|
11/02/2022
|
2 Bed
|
2 Bath
|
1030 ft²
|
$205,000
2 Bed
2 Bath
1030 ft²
|
$190,000
-7.32%
12/20/2022
|
Janice M Fife
Weichert, REALTORS
| |
|
06/02/2022
|
2 Bed
|
2 Bath
|
1043 ft²
|
$185,000
2 Bed
2 Bath
1043 ft²
|
$176,000
-4.86%
12/08/2022
|
Joseph G Marosy
Weichert, REALTORS
| |
|
03/04/2020
| |
2 Bed
|
2 Bath
|
-
|
$162,000
2 Bed
2 Bath
|
-
-
|
-
|
|
10/11/2019
|
2 Bed
|
2 Bath
|
1043 ft²
|
$162,000
2 Bed
2 Bath
1043 ft²
|
-
-
|
-
| |
|
07/05/2019
| |
3 Bed
|
2 Bath
|
-
|
$189,999
3 Bed
2 Bath
|
-
-
|
-
|
|
05/18/2019
|
2 Bed
|
2 Bath
|
1043 ft²
|
$169,000
2 Bed
2 Bath
1043 ft²
|
$167,000
-1.18%
08/29/2019
|
Deborah A Younkers
Weichert, REALTORS
| |
|
10/26/2017
|
2 Bed
|
2 Bath
|
1043 ft²
|
$144,900
2 Bed
2 Bath
1043 ft²
|
$152,500
+5.24%
11/17/2017
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
03/16/2017
|
3 Bed
|
2 Bath
|
1340 ft²
|
$175,000
3 Bed
2 Bath
1340 ft²
|
$168,000
-4.00%
06/07/2017
|
Allan J Prigal
RE/MAX Realty Group
| |
|
08/31/2016
|
2 Bed
|
2 Bath
|
1043 ft²
|
$159,900
2 Bed
2 Bath
1043 ft²
|
$144,000
-9.94%
12/13/2016
|
Christine D Sherrod
Weichert, REALTORS
| |
|
06/29/2015
|
2 Bed
|
2 Bath
|
1136 ft²
|
$119,900
2 Bed
2 Bath
1136 ft²
|
$122,000
+1.75%
07/28/2015
|
Christine Sherrod
Weichert, REALTORS
| |
|
04/21/2014
|
3 Bed
|
2 Bath
|
1340 ft²
|
$145,000
3 Bed
2 Bath
1340 ft²
|
$145,000
06/27/2014
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
03/03/2014
|
3 Bed
|
2 Bath
|
1340 ft²
|
$130,000
3 Bed
2 Bath
1340 ft²
|
$127,000
-2.31%
09/05/2014
|
Ron Lord
RE/MAX 100
| |
|
01/31/2013
|
2 Bed
|
2 Bath
|
1043 ft²
|
$115,000
2 Bed
2 Bath
1043 ft²
|
$110,000
-4.35%
01/09/2014
|
Susan Sonnesyn Brooks
Weichert, REALTORS
|
Building Info
About Rossmoor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017