$203,000
●
Condo -
Off Market
15320 PINE ORCHARD DR #832D
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,043 Ft²
$1,792
Est. Monthly
$863
HOA / Fees
8.20%
Cap Rate
About This Property
55+ Gated Community of Leisure World. This condo has been updated
with; Fresh paint. New Carpeting. New lighting. Modern and
beautifully enclosed balcony. Laundry room with full sized
Washer/Dryer. The kitchen cabinets are not original. Table
spaced kitchen. 1 assigned parking space.
Unit Size
1,043 Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$181
Property Type
Condo
Property Taxes
$157
HOA Dues
$863
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: 3 years ago (Bright MLS #MDMC2135798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Douglas Realty | $189,000 | |
| Listed by Douglas Realty | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on Main Level: 2
Living Area Square Feet Source: Assessor
Exterior Details
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Property Condition: Good
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Brick
Unit Building Type: Garden 1 - 4 Floors
Community Pool
Tidal Water: N
Land Assessed Value: $165,000
Finished Square Feet: 1043
Finished Square Feet Source: Assessor
Financial Details
County Tax: $1,805
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $165,000
Tax Year: 2024
Tax Annual Amount: $1,883
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Baseboard - Electric
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Electricity, Health Club, High Speed Internet, Parking Fee, Pool(s), Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Bar/Lounge, Billiard Room, Cable, Club House, Elevator, Fitness Center, Golf Course Membership Available, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Putting Green, Security, Tennis Courts
HOA Fee: $0
HOA Fee Frequency: Monthly
Condo/Coop Fee: $863
Washer/Dryer/Hook Up in Unit: Yes
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 |
|---|---|---|---|---|---|---|---|
|
12/19/2024
|
3 Bed
|
2 Bath
|
1340 ft²
|
$285,500
3 Bed
2 Bath
1340 ft²
|
$285,500
02/10/2025
|
Lisa Greaves
Redfin Corp
| |
|
06/20/2024
|
2 Bed
|
2 Bath
|
1043 ft²
|
$189,000
2 Bed
2 Bath
1043 ft²
|
$203,000
+7.41%
07/24/2024
|
Eve Marinik
Douglas Realty
| |
|
04/10/2024
|
3 Bed
|
2 Bath
|
1340 ft²
|
$249,900
3 Bed
2 Bath
1340 ft²
|
$251,111
+0.48%
05/08/2024
|
Christine Sherman
RLAH Real Estate
| |
|
10/20/2023
|
2 Bed
|
2 Bath
|
1043 ft²
|
$210,000
2 Bed
2 Bath
1043 ft²
|
$210,000
12/27/2023
|
Joseph Howerton
Taylor Properties
| |
|
09/01/2023
|
2 Bed
|
2 Bath
|
1043 ft²
|
$200,000
2 Bed
2 Bath
1043 ft²
|
$200,000
03/29/2024
|
Allan Prigal
RE/MAX Realty Group
| |
|
03/09/2023
| |
2 Bed
|
2 Bath
|
-
|
$224,900
2 Bed
2 Bath
|
-
-
|
Jane Fairweather
Bethesda Gateway
|
|
03/01/2023
|
3 Bed
|
2 Bath
|
1340 ft²
|
$200,000
3 Bed
2 Bath
1340 ft²
|
$195,000
-2.50%
05/17/2023
|
Allan Prigal
RE/MAX Realty Group
| |
|
04/04/2022
|
2 Bed
|
2 Bath
|
1043 ft²
|
$215,000
2 Bed
2 Bath
1043 ft²
|
$212,000
-1.40%
06/17/2022
|
Marilyn Chmielewski
Weichert, REALTORS
| |
|
10/30/2021
|
3 Bed
|
2 Bath
|
1340 ft²
|
$205,000
3 Bed
2 Bath
1340 ft²
|
$210,000
+2.44%
11/22/2021
|
Richard Winkler
Southern Maryland Real Estate
| |
|
09/18/2021
|
2 Bed
|
2 Bath
|
1136 ft²
|
$190,000
2 Bed
2 Bath
1136 ft²
|
$190,000
11/03/2021
|
Carolyn Simpkins
Weichert, REALTORS
| |
|
05/26/2021
|
3 Bed
|
2 Bath
|
1340 ft²
|
$220,000
3 Bed
2 Bath
1340 ft²
|
$220,000
07/23/2021
|
Carmen Murphy
Samson Properties
| |
|
05/06/2021
| |
3 Bed
|
2 Bath
|
-
|
$230,000
3 Bed
2 Bath
|
-
-
|
Craig Marcum
Annapolis Eastport
|
|
04/10/2020
|
3 Bed
|
2 Bath
|
1340 ft²
|
$205,000
3 Bed
2 Bath
1340 ft²
|
$205,000
07/08/2020
|
Carolyn Simpkins
Weichert, REALTORS
| |
|
07/30/2019
| |
3 Bed
|
2 Bath
|
-
|
$209,500
3 Bed
2 Bath
|
-
-
|
-
|
|
03/30/2019
|
2 Bed
|
2 Bath
|
1043 ft²
|
$179,500
2 Bed
2 Bath
1043 ft²
|
$162,000
-9.75%
11/18/2019
|
Christine R Minutoli
RE/MAX Realty Group
| |
|
12/29/2018
|
2 Bed
|
2 Bath
|
1043 ft²
|
$159,900
2 Bed
2 Bath
1043 ft²
|
$157,500
-1.50%
03/06/2019
|
Carmen Murphy
Samson Properties
| |
|
01/28/2016
|
3 Bed
|
2 Bath
|
1340 ft²
|
$171,000
3 Bed
2 Bath
1340 ft²
|
$175,000
+2.34%
02/18/2016
|
Barbara A Michaluk
Weichert, REALTORS
| |
|
04/23/2015
|
3 Bed
|
2 Bath
|
1340 ft²
|
$144,900
3 Bed
2 Bath
1340 ft²
|
$142,500
-1.66%
06/05/2015
|
Nancy Wert
RE/MAX Realty Centre, Inc.
| |
|
02/06/2014
|
3 Bed
|
2 Bath
|
1340 ft²
|
$110,000
3 Bed
2 Bath
1340 ft²
|
$105,000
-4.55%
11/25/2014
|
Michael Burdett
Rosselle Realty Services
| |
|
09/13/2013
|
2 Bed
|
2 Bath
|
1043 ft²
|
$112,500
2 Bed
2 Bath
1043 ft²
|
$112,000
-0.44%
12/30/2013
|
Deborah Gladstein
Weichert, REALTORS
| |
|
05/09/2013
|
2 Bed
|
2 Bath
|
1136 ft²
|
$130,000
2 Bed
2 Bath
1136 ft²
|
$125,000
-3.85%
05/23/2013
|
Deborah Gladstein
Weichert, REALTORS
| |
|
04/08/2013
|
2 Bed
|
2 Bath
|
1116 ft²
|
$109,000
2 Bed
2 Bath
1116 ft²
|
$109,000
05/20/2013
|
Sue A Heyman
Weichert, REALTORS
| |
|
01/09/2013
|
3 Bed
|
2 Bath
|
1340 ft²
|
$147,500
3 Bed
2 Bath
1340 ft²
|
$140,000
-5.08%
06/14/2013
|
Sue Heyman
Weichert, REALTORS
| |
|
03/20/2012
|
3 Bed
|
2 Bath
|
1340 ft²
|
$129,000
3 Bed
2 Bath
1340 ft²
|
$123,500
-4.26%
08/20/2012
|
Suzanne Barry
RE/MAX Realty Centre, Inc.
|
Building Info
15320 Pine Orchard Drive
15320 Pine Orchard Drive, Silver Spring, MD 20906
- 2 Units for Sale
About Rossmoor
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Listed by: Eve Marinik
Douglas Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDMC2135798
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.
Douglas Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDMC2135798
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